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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Moorestown NJ</name>
        <lei>N/A</lei>
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        <cusip>616004ZA8</cusip>
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          <isin value="US616004ZA81"/>
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        <curCd>USD</curCd>
        <valUSD>17874100.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>JEA Water &amp; Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>JEA Water and Sewer System, Series 2017A</title>
        <cusip>46613P3K0</cusip>
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          <isin value="US46613P3K08"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wheatland Chili Central School District</name>
        <lei>N/A</lei>
        <title>Wheatland Chili Central School District, Series 2026</title>
        <cusip>962625JH3</cusip>
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          <isin value="US962625JH32"/>
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        <balance>7438255.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Bridge Enterprise</name>
        <lei>N/A</lei>
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          <isin value="US19633SAW35"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150466.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa County Independent School District No. 1 Tulsa</name>
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        <title>Tulsa County Independent School District No. 1 Tulsa, Series 2025A</title>
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          <isin value="US899525WS45"/>
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        <balance>5225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5419332.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Project 3 Electric, Series 2026A</title>
        <cusip>29270C7W9</cusip>
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          <isin value="US29270C7W99"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7648832.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Health Facilities Improvement Program Lease, Series 2018-1</title>
        <cusip>64990GEW8</cusip>
        <identifiers>
          <isin value="US64990GEW87"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113431.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Connecticut Water System, Series 2026B</title>
        <cusip>03843TAX9</cusip>
        <identifiers>
          <isin value="US03843TAX90"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3163865.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2025E</title>
        <cusip>60412A2V4</cusip>
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          <isin value="US60412A2V48"/>
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        <balance>14890000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15228157.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2022A</title>
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          <isin value="US452153CN74"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50551.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Canadian County Independent School District No. 69 Mustang</name>
        <lei>N/A</lei>
        <title>Canadian County Independent School District No. 69, Mustang Schools Project, Series 2026A</title>
        <cusip>135591JS5</cusip>
        <identifiers>
          <isin value="US135591JS57"/>
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        <balance>2810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2873782.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Salisbury MA</name>
        <lei>N/A</lei>
        <title>Town of Salisbury, Series 2026</title>
        <cusip>795302KR8</cusip>
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          <isin value="US795302KR80"/>
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        <balance>10613000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10745716.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Palm Coast FL Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Palm Coast Utility System, Series 2026</title>
        <cusip>69661KDW7</cusip>
        <identifiers>
          <isin value="US69661KDW71"/>
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        <balance>3265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3523766.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Louisiana</name>
        <lei>N/A</lei>
        <title>State of Louisiana, Series 2017-B</title>
        <cusip>546417BD7</cusip>
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          <isin value="US546417BD78"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001990.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>North Carolina Turnpike Authority</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority, Triangle Expressway System, Senior Lien, Series 2017</title>
        <cusip>65830RBF5</cusip>
        <identifiers>
          <isin value="US65830RBF55"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503701.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Travis TX</name>
        <lei>549300HEC6MNL5465K30</lei>
        <title>County of Travis, Series 2026</title>
        <cusip>89454ACU3</cusip>
        <identifiers>
          <isin value="US89454ACU34"/>
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        <balance>9165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9500464.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Madison WI</name>
        <lei>N/A</lei>
        <title>City of Madison, Series 2021A</title>
        <cusip>55844RVA9</cusip>
        <identifiers>
          <isin value="US55844RVA93"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20024.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Second Tier, Series 2019B</title>
        <cusip>66285WZJ8</cusip>
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          <isin value="US66285WZJ88"/>
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        <curCd>USD</curCd>
        <valUSD>236863.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2019A</title>
        <cusip>20772KFX2</cusip>
        <identifiers>
          <isin value="US20772KFX28"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>529321.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2019A</title>
        <cusip>4521525F4</cusip>
        <identifiers>
          <isin value="US4521525F40"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80290.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Consolidated Loan of 2025, Series 2025B</title>
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        <identifiers>
          <isin value="US57582TGK25"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3190356.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jamestown City School District</name>
        <lei>N/A</lei>
        <title>Jamestown City School District, Series 2026B</title>
        <cusip>470592QQ2</cusip>
        <identifiers>
          <isin value="US470592QQ27"/>
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        <balance>18100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18256150.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>Omaha Public Power District, Series 2025C</title>
        <cusip>682001QH8</cusip>
        <identifiers>
          <isin value="US682001QH80"/>
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        <balance>4505000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
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        <title>Philadelphia Authority for Industrial Development, Multi Family Housing University Square Apartments Projects, Series 2017</title>
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          <isin value="US717908AH03"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9044981.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Federal Highway, Series 2020</title>
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          <isin value="US25483VWQ30"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47260.31000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, First Lien, Series 2018C</title>
        <cusip>44244CN94</cusip>
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          <isin value="US44244CN944"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40000000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.28999905</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series 2020</title>
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          <isin value="US7092248P76"/>
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        <balance>38000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38000000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
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      <invstOrSec>
        <name>State of Kansas Department of Transportation</name>
        <lei>5493001635XK841MIO47</lei>
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          <isin value="US485424TN52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Township of Piscataway NJ</name>
        <lei>N/A</lei>
        <title>Township of Piscataway, Series 2025</title>
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          <isin value="US724292YW14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Irondequoit NY</name>
        <lei>N/A</lei>
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          <isin value="US463074R550"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-11</maturityDt>
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      <invstOrSec>
        <name>Lafayette Central School District</name>
        <lei>N/A</lei>
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          <maturityDt>2027-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 115, Series 2008</title>
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          <isin value="US49151FTC40"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <cusip>89602RKY0</cusip>
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        <balance>25000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Collin County Community College District</name>
        <lei>N/A</lei>
        <title>Collin County Community College District, Series 2020A</title>
        <cusip>194741HH0</cusip>
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          <isin value="US194741HH09"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, State Revolving Fund Program, Series 2018A</title>
        <cusip>45506DR64</cusip>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Florida Department of Management Services</name>
        <lei>N/A</lei>
        <title>Florida Department of Management Services, Series 2018A</title>
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          <isin value="US34160PEB13"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1066157.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Massachusetts Building Authority</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
        <title>University of Massachusetts Building Authority, Series 2026-2</title>
        <cusip>914437WM6</cusip>
        <identifiers>
          <isin value="US914437WM60"/>
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        <balance>7450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8089846.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JEA Water &amp; Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>JEA Water and Sewer System, Series 2008A-1</title>
        <cusip>46613PVW3</cusip>
        <identifiers>
          <isin value="US46613PVW30"/>
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        <balance>11500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11500000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000165</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
        <lei>N/A</lei>
        <title>Wisconsin Department of Transportation, Series 2017-1</title>
        <cusip>977123Q50</cusip>
        <identifiers>
          <isin value="US977123Q507"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66364.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Adventist Health System, Series 2016C</title>
        <cusip>1964745K2</cusip>
        <identifiers>
          <isin value="US1964745K26"/>
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        <balance>3470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3486541.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>549300PHW5BZHA7BEX81</lei>
        <title>State of Connecticut, Series 2025C</title>
        <cusip>20772KE70</cusip>
        <identifiers>
          <isin value="US20772KE704"/>
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        <balance>8890000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9609292.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development, City Service Agreement, Cultural and Commercial Corridors Program, Series 2025B</title>
        <cusip>71783DEF8</cusip>
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          <isin value="US71783DEF87"/>
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        <balance>2075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2130493.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Series 2014A</title>
        <cusip>6461394W2</cusip>
        <identifiers>
          <isin value="US6461394W28"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>826593.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Fiscal Year 2017, Series C</title>
        <cusip>64966MJL4</cusip>
        <identifiers>
          <isin value="US64966MJL46"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55547.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Florida Department of Management Services</name>
        <lei>N/A</lei>
        <title>Florida Department of Management Services, Series 2018A</title>
        <cusip>34160PEA3</cusip>
        <identifiers>
          <isin value="US34160PEA30"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441568.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series A</title>
        <cusip>167593YX4</cusip>
        <identifiers>
          <isin value="US167593YX45"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70547.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Water Implementation, Master Trust, Series 2018B</title>
        <cusip>882854P30</cusip>
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          <isin value="US882854P305"/>
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        <balance>1120000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2017D</title>
        <cusip>452152P96</cusip>
        <identifiers>
          <isin value="US452152P965"/>
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        <balance>1925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1973541.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Durham NC</name>
        <lei>N/A</lei>
        <title>City of Durham, Series 2023</title>
        <cusip>26678PGN4</cusip>
        <identifiers>
          <isin value="US26678PGN42"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115232.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, State and Local Facilities Loan of 2021, Series 2022D</title>
        <cusip>574193VC9</cusip>
        <identifiers>
          <isin value="US574193VC93"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62202.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Canajoharie Central School District</name>
        <lei>N/A</lei>
        <title>Canajoharie Central School District, Series 2026</title>
        <cusip>136861GD7</cusip>
        <identifiers>
          <isin value="US136861GD74"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7067462.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange County Convention Center/Orlando</name>
        <lei>N/A</lei>
        <title>Orange County Convention Center, Series 2016B</title>
        <cusip>684545ZQ2</cusip>
        <identifiers>
          <isin value="US684545ZQ20"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20038.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Gloucester City NJ</name>
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      <invstOrSec>
        <name>City of Chandler AZ</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Minneapolis MN</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Charlotte-Mecklenburg Hospital Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Xenia Rural Water District</name>
        <lei>N/A</lei>
        <title>Xenia Rural Water District, Capital Loan Notes, Series 2016</title>
        <cusip>98410ADE2</cusip>
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          <isin value="US98410ADE29"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Curators of the University of Missouri (The)</name>
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      <invstOrSec>
        <name>City of Lakeland FL Department of Electric Utilities</name>
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          <isin value="US51166FCH01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Miami-Dade FL Aviation Revenue</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade Aviation System, Series A</title>
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          <isin value="US59333PT243"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Intermountain Healthcare, Series 2024E</title>
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          <isin value="US19648FYR99"/>
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        <curCd>USD</curCd>
        <valUSD>25000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000165</annualizedRt>
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      <invstOrSec>
        <name>State of Florida</name>
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        <title>State of Florida, Public Education Capital Outlay, Series 2021B</title>
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          <isin value="US34153QUY06"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas A&amp;M University</name>
        <lei>N/A</lei>
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          <isin value="US88213AJF30"/>
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          <maturityDt>2028-05-15</maturityDt>
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        <name>North Middlesex Regional School District/MA</name>
        <lei>N/A</lei>
        <title>North Middlesex Regional School District</title>
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          <maturityDt>2026-10-30</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Monroe OH</name>
        <lei>N/A</lei>
        <title>City of Monroe, Series 2026</title>
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          <isin value="US611220MA93"/>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Nassau NY</name>
        <lei>549300ICRCGQYCPS7T40</lei>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Austin TX</name>
        <lei>IW10PQVTU7HKS3JMW253</lei>
        <title>City of Austin, Series 2023</title>
        <cusip>052397H66</cusip>
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          <isin value="US052397H660"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>State of Colorado</name>
        <lei>N/A</lei>
        <title>State of Colorado, Series 2018L</title>
        <cusip>19668QJQ9</cusip>
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          <isin value="US19668QJQ91"/>
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        <balance>145000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Henry Ford Health System, Series 2016</title>
        <cusip>59447TMC4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Business Finance Corp.</name>
        <lei>549300DYV074JUDKBQ77</lei>
        <title>Mississippi Business Finance Corp., Gulf Opportunity Zone Industrial Development, Chevron USA, Inc., Project, Series 2007B</title>
        <cusip>60528AAT1</cusip>
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        <balance>20000000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of Mississippi</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Michigan State Housing Development Authority</name>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>Wisconsin Department of Transportation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>Williamson Jackson Etc Counties Community College Dist No. 530 John A Logan Clg</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Poland Central School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-25</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2019A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Hamilton OH Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>County of Hamilton Sales Tax, Series 2025</title>
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        <balance>41800000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>County of Harris TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <maturityDt>2027-12-15</maturityDt>
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        <name>City of New York NY</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
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          <isin value="US45884AE410"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
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        <cusip>60412AX57</cusip>
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          <isin value="US60412AX576"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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          <isin value="US49151F6U93"/>
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        <valUSD>3000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64972JTY4</cusip>
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          <isin value="US64972JTY46"/>
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        <balance>2755000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2020</title>
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          <isin value="US662903ZE67"/>
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        <valUSD>1020465.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of San Antonio TX</name>
        <lei>549300S7VENCVRZAA322</lei>
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          <isin value="US79623PQT56"/>
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        <curCd>USD</curCd>
        <valUSD>101021.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>County of Clark, Limited Tax, Series 2016B</title>
        <cusip>180848RY1</cusip>
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          <isin value="US180848RY15"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3011426.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Ohio Solid Waste Authority</name>
        <lei>N/A</lei>
        <title>Central Ohio Solid Waste Authority, Series 2025</title>
        <cusip>154686LR8</cusip>
        <identifiers>
          <isin value="US154686LR85"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7013612.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Edison NJ</name>
        <lei>N/A</lei>
        <title>Township of Edison, Series 2025</title>
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          <isin value="US281047M987"/>
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        <balance>25870000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Department of Environmental Protection</name>
        <lei>N/A</lei>
        <title>Florida Department of Environmental Protection, Series 2018A</title>
        <cusip>34160WB86</cusip>
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          <isin value="US34160WB863"/>
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        <valUSD>26080.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Virtua Health Obligated Group, Series 2013</title>
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          <isin value="US645790RU27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dalton-Nunda Central School District</name>
        <lei>N/A</lei>
        <title>Dalton-Nunda Central School District, Series 2026</title>
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          <isin value="US235619JN41"/>
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        <balance>5495649.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, First Lien, Series 2017B</title>
        <cusip>44244CNG8</cusip>
        <identifiers>
          <isin value="US44244CNG86"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tulsa County Industrial Authority</name>
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        <cusip>89952PHY4</cusip>
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          <isin value="US89952PHY43"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Department of Management Services</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Lyons Central School District</name>
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        <name>State of Illinois</name>
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        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of Mahoning OH</name>
        <lei>N/A</lei>
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          <isin value="US5600582E83"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>Central Florida Expressway Authority, Senior Lien, Series 2021</title>
        <cusip>153476GL4</cusip>
        <identifiers>
          <isin value="US153476GL43"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>306018.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hempstead Union Free School District</name>
        <lei>N/A</lei>
        <title>Hempstead Union Free School District, Series 2026A</title>
        <cusip>424092HZ0</cusip>
        <identifiers>
          <isin value="US424092HZ03"/>
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        <balance>47000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47461911.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018C-4</title>
        <cusip>97712JHE6</cusip>
        <identifiers>
          <isin value="US97712JHE64"/>
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        <balance>7800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8188533.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Philadelphia Gas Works Co.</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co., 1998 General Ordinance, Series 14TH</title>
        <cusip>7178238D3</cusip>
        <identifiers>
          <isin value="US7178238D38"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175331.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Waste Management, Inc., Project, Series 2025A</title>
        <cusip>34061XAH5</cusip>
        <identifiers>
          <isin value="US34061XAH52"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4997238.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Stevens Point Area Public School District/WI</name>
        <lei>N/A</lei>
        <title>Stevens Point Area Public School District, Series 2019</title>
        <cusip>86024WHG8</cusip>
        <identifiers>
          <isin value="US86024WHG87"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005465.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>Health and Educational Facilities Authority of the State of Missouri, Series 2021C</title>
        <cusip>60637ATR3</cusip>
        <identifiers>
          <isin value="US60637ATR31"/>
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        <balance>18210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18810809.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 112, Series B</title>
        <cusip>49151FNK2</cusip>
        <identifiers>
          <isin value="US49151FNK20"/>
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        <balance>620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>622399.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2023-1</title>
        <cusip>70914P3R1</cusip>
        <identifiers>
          <isin value="US70914P3R10"/>
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        <balance>975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>997297.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Clean Water Initiative Revolving Fund, Series 2017</title>
        <cusip>45204EXS2</cusip>
        <identifiers>
          <isin value="US45204EXS26"/>
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        <balance>2820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2842240.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>Louisville and Jefferson County Metro Government, Kentucky General Bonds, Series 2020A</title>
        <cusip>546585UK4</cusip>
        <identifiers>
          <isin value="US546585UK49"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1272558.29000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of New Jersey</name>
        <lei>N/A</lei>
        <title>State of New Jersey, COVID-19 Emergency Bonds, Series 2020A</title>
        <cusip>646039YN1</cusip>
        <identifiers>
          <isin value="US646039YN18"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53049.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clark County School District</name>
        <lei>N/A</lei>
        <title>Clark County School District, Limited Tax, Series 2025B</title>
        <cusip>1810596N1</cusip>
        <identifiers>
          <isin value="US1810596N10"/>
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        <balance>30500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31056777.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A</title>
        <cusip>45204ERH3</cusip>
        <identifiers>
          <isin value="US45204ERH35"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50369.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Jacksonville FL</name>
        <lei>549300XQE0JVN9WV0J40</lei>
        <title>City of Jacksonville, Health Care Facilities, Baptist Health, Series 2019C</title>
        <cusip>469400DY8</cusip>
        <identifiers>
          <isin value="US469400DY83"/>
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        <balance>16100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16100000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.30000005</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority, Norton Healthcare, Inc., Series 2000B</title>
        <cusip>49126VCK1</cusip>
        <identifiers>
          <isin value="US49126VCK17"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230282.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority, Clark Road Family Apartments, Series 2023</title>
        <cusip>59465FAP5</cusip>
        <identifiers>
          <isin value="US59465FAP53"/>
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        <balance>1565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1564783.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.67000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Columbia Generating Station, Series 2026A</title>
        <cusip>29270C7L3</cusip>
        <identifiers>
          <isin value="US29270C7L35"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6254901.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>N/A</lei>
        <title>Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2017A</title>
        <cusip>67766WXQ0</cusip>
        <identifiers>
          <isin value="US67766WXQ04"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35662.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2022E</title>
        <cusip>20772KSE0</cusip>
        <identifiers>
          <isin value="US20772KSE00"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36790.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle, Intermediate Lien, Series A</title>
        <cusip>735389YL6</cusip>
        <identifiers>
          <isin value="US735389YL66"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101586.73000000</valUSD>
        <pctVal>0.001381154922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2026, Series 2026, Subseries G-1</title>
        <cusip>64972JD70</cusip>
        <identifiers>
          <isin value="US64972JD701"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2698463.00000000</valUSD>
        <pctVal>0.036687817946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Florida Department of Management Services</name>
        <lei>N/A</lei>
        <title>Florida Department of Management Services, Series 2018A</title>
        <cusip>34160PED7</cusip>
        <identifiers>
          <isin value="US34160PED78"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53381.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atlanta Water and Wastewater, Series 2004</title>
        <cusip>047870EZ9</cusip>
        <identifiers>
          <isin value="US047870EZ94"/>
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        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1401809.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hillsborough County School Board</name>
        <lei>549300E7JND1K3JLOI29</lei>
        <title>Hillsborough County School Board, Master Lease Program, Series 2018</title>
        <cusip>43232VUZ2</cusip>
        <identifiers>
          <isin value="US43232VUZ20"/>
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        <balance>3100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3219181.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series A</title>
        <cusip>010268BY5</cusip>
        <identifiers>
          <isin value="US010268BY54"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96219.00000000</valUSD>
        <pctVal>0.001308176230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2023D</title>
        <cusip>65000BC30</cusip>
        <identifiers>
          <isin value="US65000BC303"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25691.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, State Infrastructure Project, Series 2018-1</title>
        <cusip>677581GU8</cusip>
        <identifiers>
          <isin value="US677581GU83"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20141.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority, Facilities Program, Series 2023-I</title>
        <cusip>594615KQ8</cusip>
        <identifiers>
          <isin value="US594615KQ80"/>
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        <balance>33000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33000000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.38000075</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2018F</title>
        <cusip>20772KEP0</cusip>
        <identifiers>
          <isin value="US20772KEP03"/>
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        <balance>3695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3871924.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Frisco TX</name>
        <lei>N/A</lei>
        <title>City of Frisco, Series 2025C</title>
        <cusip>3587767H9</cusip>
        <identifiers>
          <isin value="US3587767H96"/>
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        <balance>2680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2710594.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Lincoln NE Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lincoln Electric System, Series 2020A</title>
        <cusip>534272K81</cusip>
        <identifiers>
          <isin value="US534272K816"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75000.00000000</valUSD>
        <pctVal>0.001019686520</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Adams &amp; Weld Counties School District No. 27J Brighton/CO</name>
        <lei>N/A</lei>
        <title>Adams and Weld Counties School District No. 27J Brighton, Series 2026B</title>
        <cusip>005518ZT5</cusip>
        <identifiers>
          <isin value="US005518ZT51"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4247894.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alaska Municipal Bond Bank Authority</name>
        <lei>N/A</lei>
        <title>Alaska Municipal Bond Bank Authority, Series 3</title>
        <cusip>01179RSX2</cusip>
        <identifiers>
          <isin value="US01179RSX25"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55321.59000000</valUSD>
        <pctVal>0.000752142394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Second Tier, Series 2019B</title>
        <cusip>66285WZK5</cusip>
        <identifiers>
          <isin value="US66285WZK51"/>
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        <balance>50000.00000000</balance>
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        <name>Pennsylvania Turnpike Commission</name>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
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        <name>Nebraska Public Power District</name>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Township of Ocean NJ/Ocean County</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-11-15</maturityDt>
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      <invstOrSec>
        <name>County of Montgomery TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Minneapolis MN</name>
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          <isin value="US60374VEW90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-05-01</maturityDt>
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        <name>State of Texas</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Pennsylvania State University (The)</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Jamestown City School District</name>
        <lei>N/A</lei>
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        <name>Adams &amp; Weld Counties School District No. 27J Brighton/CO</name>
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        <cusip>005518ZS7</cusip>
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        <name>Louisiana Public Facilities Authority</name>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>Parish of St. John the Baptist LA</name>
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        <name>New York State Dormitory Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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          <isin value="US44244CJ249"/>
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          <maturityDt>2027-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ohio Water Development Authority</name>
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          <isin value="US67765QPS92"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US64972GU362"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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          <isin value="US59334DQT45"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US052397DK96"/>
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        <name>Texas Water Development Board</name>
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          <isin value="US882854WK40"/>
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        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Allegany-Limestone Central School District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Burlington County Bridge Commission</name>
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        <name>Houston City College</name>
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        <name>Borough of Matanuska-Susitna AK</name>
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        <name>Canadian County Educational Facilities Authority</name>
        <lei>549300HPRFS0Z66VHS30</lei>
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      <invstOrSec>
        <name>City of New Brunswick NJ</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2026-09-08</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment, Series 2018</title>
        <cusip>20282EAK2</cusip>
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          <isin value="US20282EAK29"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement, Series A-1</title>
        <cusip>6461362B6</cusip>
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          <isin value="US6461362B62"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series 2016A</title>
        <cusip>010268BA7</cusip>
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          <isin value="US010268BA78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Infrastructure Bank</name>
        <lei>5493006ZE03IRA2BET07</lei>
        <title>New Jersey Infrastructure Bank, Series 2017A R2</title>
        <cusip>64579SHY4</cusip>
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          <isin value="US64579SHY46"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Columbus OH</name>
        <lei>254900NS3ODS0FZ3AM48</lei>
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          <isin value="US19951BAB09"/>
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        <balance>2260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2318532.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2026, Subseries A-2</title>
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          <isin value="US89602RQJ76"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Truckee Meadows Water Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>Wisconsin Department of Transportation</name>
        <lei>N/A</lei>
        <title>Wisconsin Department of Transportation, Series 2024-2</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of New York NY</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>State of Louisiana</name>
        <lei>N/A</lei>
        <title>State of Louisiana, Series 2024E</title>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2025B</title>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Philadelphia Gas Works Co.</name>
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        <name>City of Los Angeles CA</name>
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        <name>Virginia College Building Authority</name>
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        <name>Richardson Independent School District</name>
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        <name>Oregon State Facilities Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Texas Transportation Commission</name>
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        <name>Arlington County Industrial Development Authority</name>
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        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
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        <name>County of Trimble KY</name>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
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          <isin value="US6500353R78"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Chicago IL</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Borough of Cliffside Park NJ</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Texas</name>
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        <title>State of Texas, Transportation Commission Mobility Fund, Series 2024</title>
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          <isin value="US8827242C00"/>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204FJB22"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Owego Apalachin Central School District</name>
        <lei>N/A</lei>
        <title>Owego Apalachin Central School District, Series 2026A</title>
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          <isin value="US690632HX57"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2016</title>
        <cusip>70914PE24</cusip>
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          <isin value="US70914PE247"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alaska Housing Finance Corp.</name>
        <lei>549300HJ8NOJNYW6ER36</lei>
        <title>Alaska Housing Finance Corp., State Capital Project II, Series II 2021A</title>
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          <isin value="US011839XH57"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atlanta Water and Wastewater, Series 2017A</title>
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          <isin value="US047870NS50"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Denton TX</name>
        <lei>N/A</lei>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas State University System</name>
        <lei>N/A</lei>
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          <isin value="US88278PYG35"/>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677587DH79"/>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2016</title>
        <cusip>70914PF80</cusip>
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          <isin value="US70914PF806"/>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Citizen Energy Group Project, Series 2026B</title>
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          <isin value="US45505KEB26"/>
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        <name>Township of Parsippany-Troy Hills NJ</name>
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          <isin value="US701859U816"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-10-27</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series 2017</title>
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          <isin value="US709224A411"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <name>City of Bedford TX</name>
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        <name>State of Louisiana</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>Arkansas River Power Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>Sarasota County School Board</name>
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        <name>Private Colleges &amp; Universities Authority</name>
        <lei>N/A</lei>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Lakewood OH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709224ZQ56"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kings Local School District</name>
        <lei>N/A</lei>
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          <isin value="US496026NT85"/>
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        <balance>5800000.00000000</balance>
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        <valUSD>5846567.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-07</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Oklahoma City OK</name>
        <lei>N/A</lei>
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          <isin value="US678519W621"/>
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        <curCd>USD</curCd>
        <valUSD>51803.91000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System, Series 2026C</title>
        <cusip>39081JLT3</cusip>
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          <isin value="US39081JLT33"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miami-Dade County Expressway Authority</name>
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          <isin value="US593338AT38"/>
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        <curCd>USD</curCd>
        <valUSD>25039.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Public School and College Authority</name>
        <lei>N/A</lei>
        <title>Alabama Public School and College Authority, Capital Improvement, Series 2020A</title>
        <cusip>010609FE0</cusip>
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          <isin value="US010609FE03"/>
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        <balance>2020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2027885.27000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Illinois Sales Tax, Series 2021A</title>
        <cusip>452227RN3</cusip>
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          <isin value="US452227RN38"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20415.23000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greater Orlando Aviation Authority</name>
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          <isin value="US3922744P85"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
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        <balance>50000.00000000</balance>
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        <valUSD>52257.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204ERK63"/>
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        <balance>30000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
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        <title>Mississippi Development Bank, Desoto County Mississippi Highway Project, Series 2024A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Community Foundation of Northern Indiana Obligated Group, Series 2016</title>
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          <maturityDt>2026-09-01</maturityDt>
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      <invstOrSec>
        <name>State of Arizona Lottery Revenue</name>
        <lei>N/A</lei>
        <title>State of Arizona Lottery, Series 2019</title>
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          <isin value="US040624BL14"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Infrastructure Improvement, Series 2025A</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>City of Houston, Public Improvement, Series 2016A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Winchester Economic Development Authority</name>
        <lei>N/A</lei>
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        <name>County of Hamilton OH Sales Tax Revenue</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>University of Connecticut</name>
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        <name>Oklahoma County Independent School District No. 52 Midwest City-Del City</name>
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        <name>Glendale Community College District</name>
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        <name>Texas State Technical College</name>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2025</title>
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          <isin value="US662903G727"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Alaska Housing Finance Corp.</name>
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          <isin value="US01170PBW59"/>
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        <valUSD>53900000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.19000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XED66"/>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.25999970</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Memphis TN Memphis Light Gas &amp; Water Division Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Memphis Memphis Light Gas and Water Division Electric System, Series 2016</title>
        <cusip>586158PD3</cusip>
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          <isin value="US586158PD30"/>
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        <balance>2165000.00000000</balance>
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        <valUSD>2175956.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>City of Forest Park OH</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-13</maturityDt>
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        <name>Texas State University System</name>
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          <maturityDt>2027-03-15</maturityDt>
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        <name>Oklahoma County Independent School District No. 52 Midwest City-Del City</name>
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        <name>Texas Water Development Board</name>
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          <isin value="US88285ACU07"/>
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        <name>New York State Dormitory Authority</name>
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        <name>County of Buncombe NC</name>
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        <name>City of Oklahoma City OK</name>
        <lei>N/A</lei>
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        <name>Regional Transportation Authority</name>
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        <issuerCat>MUN</issuerCat>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Mesa AZ Utility System Revenue</name>
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          <isin value="US5905453U17"/>
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      <invstOrSec>
        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>School District of Philadelphia (The), Series 2026B</title>
        <cusip>717883G55</cusip>
        <identifiers>
          <isin value="US717883G551"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5106494.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2023A</title>
        <cusip>68450LGW9</cusip>
        <identifiers>
          <isin value="US68450LGW90"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58091.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Township of Washington NJ/Bergen County</name>
        <lei>N/A</lei>
        <title>Township of Washington, Series 2026</title>
        <cusip>940399JY5</cusip>
        <identifiers>
          <isin value="US940399JY56"/>
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        <balance>7912087.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7986012.00000000</valUSD>
        <pctVal>0.108576383806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Capital Appreciation, Series 2010A</title>
        <cusip>646136XF3</cusip>
        <identifiers>
          <isin value="US646136XF37"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372789.80000000</valUSD>
        <pctVal>0.005068383118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Bonds, Series 2017A-1</title>
        <cusip>38122NZB1</cusip>
        <identifiers>
          <isin value="US38122NZB18"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25470.27000000</valUSD>
        <pctVal>0.000346289213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport, Series 2023B</title>
        <cusip>23503CCL9</cusip>
        <identifiers>
          <isin value="US23503CCL90"/>
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        <balance>1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1606167.04000000</valUSD>
        <pctVal>0.021837158395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northern Illinois Municipal Power Agency</name>
        <lei>VWCV6ROJUT9NS55JU583</lei>
        <title>Northern Illinois Municipal Power Agency, Series 2016A</title>
        <cusip>665250CK0</cusip>
        <identifiers>
          <isin value="US665250CK01"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95499.76000000</valUSD>
        <pctVal>0.001298397572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Homewood AL</name>
        <lei>N/A</lei>
        <title>City of Homewood, Series 2016</title>
        <cusip>437884NQ8</cusip>
        <identifiers>
          <isin value="US437884NQ83"/>
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        <balance>2100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2100000.00000000</valUSD>
        <pctVal>0.028551222561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Harnett NC</name>
        <lei>N/A</lei>
        <title>County of Harnett, Series 2020</title>
        <cusip>41333TCD8</cusip>
        <identifiers>
          <isin value="US41333TCD81"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87602.05000000</valUSD>
        <pctVal>0.001191021726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Harris County Regional Water Authority</name>
        <lei>N/A</lei>
        <title>North Harris County Regional Water Authority, Senior Lien, Series 2016</title>
        <cusip>65956NGQ3</cusip>
        <identifiers>
          <isin value="US65956NGQ34"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110702.91000000</valUSD>
        <pctVal>0.001505096867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Georgetown TX</name>
        <lei>549300BSO7ULYERIVM97</lei>
        <title>City of Georgetown, Combination Tax, Series 2026</title>
        <cusip>373029ZW0</cusip>
        <identifiers>
          <isin value="US373029ZW01"/>
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        <balance>1960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2045894.45000000</valUSD>
        <pctVal>0.027815613228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mineola Union Free School District</name>
        <lei>N/A</lei>
        <title>Mineola Union Free School District, Series 2026</title>
        <cusip>602754GG2</cusip>
        <identifiers>
          <isin value="US602754GG23"/>
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        <balance>8500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8576139.60000000</valUSD>
        <pctVal>0.116599652590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Kansas City MO</name>
        <lei>549300EGAE3I3XU7XE19</lei>
        <title>City of Kansas City, Missouri Special Obligation, Series A</title>
        <cusip>485106MD7</cusip>
        <identifiers>
          <isin value="US485106MD72"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>450824.67000000</valUSD>
        <pctVal>0.006129331185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2016</title>
        <cusip>452152M24</cusip>
        <identifiers>
          <isin value="US452152M244"/>
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        <balance>1110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1113768.12000000</valUSD>
        <pctVal>0.015142591179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority, Series 2018A</title>
        <cusip>452252ND7</cusip>
        <identifiers>
          <isin value="US452252ND73"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>185652.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Veterans, Series 2015A</title>
        <cusip>882723J34</cusip>
        <identifiers>
          <isin value="US882723J347"/>
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        <balance>13375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13375000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.35000140</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power, Inc., AMP Fremont Energy Center Project, Series 2017A</title>
        <cusip>02765UNP5</cusip>
        <identifiers>
          <isin value="US02765UNP56"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72138.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Adventist Health System, Series 2025A</title>
        <cusip>19648FZQ0</cusip>
        <identifiers>
          <isin value="US19648FZQ08"/>
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        <balance>7175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7708342.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State Public School Building Authority</name>
        <lei>5493006JN0UR7OGWTO86</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261AJR95"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Liberty Public School District No. 53</name>
        <lei>N/A</lei>
        <title>Liberty Public School District No. 53, Series 2023</title>
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          <isin value="US18347AKC44"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101188.01000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Palmyra Macedon Central School District</name>
        <lei>N/A</lei>
        <title>Palmyra Macedon Central School District, Series 2026</title>
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          <isin value="US697209QP21"/>
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        <balance>10565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10576026.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, The Evangelical Lutheran Good Samaritan Society Project, Series 2017</title>
        <cusip>19648FDJ0</cusip>
        <identifiers>
          <isin value="US19648FDJ03"/>
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        <curCd>USD</curCd>
        <valUSD>35597.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2021, Series 2021A</title>
        <cusip>64971XRM2</cusip>
        <identifiers>
          <isin value="US64971XRM29"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45184.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jersey City Municipal Utilities Authority</name>
        <lei>N/A</lei>
        <title>Jersey City Municipal Utilities Authority, Water Project, Series 2026A</title>
        <cusip>476624EP2</cusip>
        <identifiers>
          <isin value="US476624EP21"/>
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        <balance>35920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36224030.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Minneapolis MN/St Paul Housing &amp; Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>City of Minneapolis and The Housing and Redevelopment Authority of City of St. Paul, Allina Health System, Series 2017A</title>
        <cusip>603695JB4</cusip>
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          <isin value="US603695JB41"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Colorado Springs CO Utilities System Revenue</name>
        <lei>N/A</lei>
        <title>City of Colorado Springs Utilities System, Series 2020C</title>
        <cusip>196632W41</cusip>
        <identifiers>
          <isin value="US196632W419"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series EO</title>
        <cusip>419792H90</cusip>
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          <isin value="US419792H900"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40479.34000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2023, Series 2023B, Subseries B-1</title>
        <cusip>64971XZ76</cusip>
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          <isin value="US64971XZ764"/>
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        <balance>125000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Harris TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
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          <isin value="US414005WH78"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
        <lei>N/A</lei>
        <title>Massachusetts School Building Authority, Dedicated Sales Tax, Series 2016B</title>
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          <isin value="US576000VB68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Borough of Roseland NJ</name>
        <lei>N/A</lei>
        <title>Borough of Roseland, General Improvement, Water Sewer Utility, Series 0</title>
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          <isin value="US777407HW07"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of South Miami Health Facilities Authority, Inc.</name>
        <lei>N/A</lei>
        <title>City of South Miami Health Facilities Authority, Inc., Baptist Health South Florida Obligated Group, Series 2017</title>
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          <isin value="US838810DR74"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
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          <isin value="US735389S826"/>
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        <valUSD>95447.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2017A</title>
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          <isin value="US45470RDT05"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Utah Board of Higher Education</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pennsylvania State University (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Harris TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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      <invstOrSec>
        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>Ogden City School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Plano Independent School District</name>
        <lei>N/A</lei>
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        <balance>9000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Mexico</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Scottsdale Municipal Property Corp.</name>
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        <name>Town of Stillwater NY</name>
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        <name>City of Lincoln NE Electric System Revenue</name>
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        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. IV</name>
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        <name>City of New York NY</name>
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        <name>Colorado River Municipal Water District</name>
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        <name>Maine Turnpike Authority</name>
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        <name>Clark County School District</name>
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        <name>Florida Municipal Power Agency</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>Akron Bath Copley Joint Township Hospital District</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Lone Star College System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Fayetteville-Manlius Central School District</name>
        <lei>N/A</lei>
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        <name>State of Arizona</name>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Grand River Dam Authority</name>
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          <isin value="US386442WN30"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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          <isin value="US052477XX90"/>
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      <invstOrSec>
        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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          <isin value="US546475VV30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Oregon</name>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Borough of Point Pleasant Beach NJ</name>
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        <name>City of Alexandria VA</name>
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        <name>State of Mississippi</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Broward FL Airport System Revenue</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US114894UZ94"/>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>Lower Colorado River Authority</name>
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          <maturityDt>2028-05-15</maturityDt>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2018A</title>
        <cusip>592647FC0</cusip>
        <identifiers>
          <isin value="US592647FC06"/>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Iowa</name>
        <lei>N/A</lei>
        <title>State of Iowa, Ijobs Program, Series 2016A</title>
        <cusip>46257TEE5</cusip>
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          <isin value="US46257TEE55"/>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida Department of Transportation</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US34160DAH98"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71375.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kansas Development Finance Authority</name>
        <lei>549300WTL7BL8KBDPR87</lei>
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        <identifiers>
          <isin value="US48542RGR93"/>
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        <balance>35000.00000000</balance>
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        <valUSD>36379.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US010268BX71"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
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          <isin value="US452152P213"/>
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        <curCd>USD</curCd>
        <valUSD>3884969.52000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westfield Central School District</name>
        <lei>N/A</lei>
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          <isin value="US960181FX85"/>
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        <balance>10065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10134592.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Tarrant Regional Water District Water Supply System Revenue</name>
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          <isin value="US876443WD07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854WL23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Monroe Local School District</name>
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        <balance>7300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Milford CT</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Anne Arundel MD</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Michigan Finance Authority</name>
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        <balance>20000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000165</annualizedRt>
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        <name>Horry County School District/SC</name>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Texas</name>
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          <maturityDt>2042-06-01</maturityDt>
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          <annualizedRt>2.28999905</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>Ohio State University (The)</name>
        <lei>JFC10ZULKO4X2E3HBY86</lei>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of Wake NC</name>
        <lei>5493007XQJHO082P1H29</lei>
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          <maturityDt>2026-10-01</maturityDt>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
        <lei>N/A</lei>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>Pennsylvania Turnpike Commission</name>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Borough of Bellmawr NJ</name>
        <lei>N/A</lei>
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          <maturityDt>2027-07-28</maturityDt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758VN03"/>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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          <maturityDt>2030-07-15</maturityDt>
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        <name>City of Columbus OH</name>
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          <isin value="US19951BDD38"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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        <name>Bristol Warren Regional School District</name>
        <lei>N/A</lei>
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        <name>New York State Dormitory Authority</name>
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        <name>Lee County School Board (The)</name>
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        <name>Wyandotte County Unified School District No. 500 Kansas City</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Bartow County School District</name>
        <lei>N/A</lei>
        <title>Bartow County School District, Series 2022</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi, Series 2018A</title>
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          <isin value="US605581KX44"/>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Garnet Valley School District</name>
        <lei>N/A</lei>
        <title>Garnet Valley School District, Series 2017</title>
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          <isin value="US366268RV48"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Housing Finance Agency</name>
        <lei>5493000LS7KCDB02O506</lei>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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          <isin value="US19648FWC49"/>
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        <valUSD>727614.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cleveland County Educational Facilities Authority</name>
        <lei>549300XEV4DVO42DUA84</lei>
        <title>Cleveland County Educational Facilities Authority, Norman Public Schools Project, Series 2023A</title>
        <cusip>18604TEX2</cusip>
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          <isin value="US18604TEX28"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1765675.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A</title>
        <cusip>45204ERF7</cusip>
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          <isin value="US45204ERF78"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90665.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wauwatosa School District</name>
        <lei>N/A</lei>
        <title>Wauwatosa School District, Series 2019A</title>
        <cusip>943517CF7</cusip>
        <identifiers>
          <isin value="US943517CF73"/>
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        <balance>2750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2755308.33000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank, Unlimited AD Valorem Property Tax Supported Project, Series 2025C</title>
        <cusip>45528VGM5</cusip>
        <identifiers>
          <isin value="US45528VGM54"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2060146.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi, Series 2017A</title>
        <cusip>605581JQ1</cusip>
        <identifiers>
          <isin value="US605581JQ12"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20521.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
        <title>City of Fort Worth, Series 2025</title>
        <cusip>349426MP8</cusip>
        <identifiers>
          <isin value="US349426MP87"/>
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        <balance>1610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1663631.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank, Unlimited AD Valorem Property Tax Supported Project, Series 2025D</title>
        <cusip>45528VHB8</cusip>
        <identifiers>
          <isin value="US45528VHB80"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2521702.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Trinity River Authority Central Regional Wastewater System Revenue</name>
        <lei>N/A</lei>
        <title>Trinity River Authority Central Regional Wastewater System, Series 2021</title>
        <cusip>89658HXV7</cusip>
        <identifiers>
          <isin value="US89658HXV76"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72969.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, Waste Management, Inc., Project, Series 2017A</title>
        <cusip>708692BJ6</cusip>
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          <isin value="US708692BJ66"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000080</annualizedRt>
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      <invstOrSec>
        <name>Delaware County Authority</name>
        <lei>N/A</lei>
        <title>Delaware County Authority, Cabrini University, Series 2017</title>
        <cusip>245913MH8</cusip>
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          <isin value="US245913MH87"/>
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        <balance>1365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388578.19000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
        <lei>N/A</lei>
        <title>City and County of Honolulu, Series A</title>
        <cusip>438687AJ4</cusip>
        <identifiers>
          <isin value="US438687AJ43"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25603.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2023A</title>
        <cusip>89602RHY4</cusip>
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          <isin value="US89602RHY45"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25124.44000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series ET</title>
        <cusip>419792AU0</cusip>
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          <isin value="US419792AU08"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25050.73000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Maryland Department of Transportation, Series 2019</title>
        <cusip>574204N25</cusip>
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          <isin value="US574204N251"/>
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        <curCd>USD</curCd>
        <valUSD>25049.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Higher Education</name>
        <lei>N/A</lei>
        <title>Colorado Higher Education, Capital Construction Lease Purchase Financing Program, Series 2014A</title>
        <cusip>196734CD7</cusip>
        <identifiers>
          <isin value="US196734CD77"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>647400.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Massachusetts Building Authority</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
        <title>University of Massachusetts Building Authority, Series 2026-2</title>
        <cusip>914437WN4</cusip>
        <identifiers>
          <isin value="US914437WN44"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2200702.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US942316GE42"/>
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      <invstOrSec>
        <name>City of Mesa AZ Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US5905453T44"/>
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      <invstOrSec>
        <name>City of Oklahoma City OK</name>
        <lei>N/A</lei>
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          <isin value="US6785192J70"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Memphis-Shelby County Industrial Development Board</name>
        <lei>N/A</lei>
        <title>Memphis-Shelby County Industrial Development Board, Series 2017B</title>
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          <isin value="US586108AG76"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VJG41"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado, Enterprise System, Series 2021C-3B</title>
        <cusip>91417NDA0</cusip>
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          <isin value="US91417NDA00"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000160</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Garfield County Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Garfield County Educational Facilities Authority, Enid Public Schools Project, Series 2026</title>
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          <isin value="US365716BG37"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Town of Madison CT</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Florida Municipal Power Agency</name>
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          <isin value="US342816J228"/>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Michigan Finance Authority</name>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>South Carolina Transportation Infrastructure Bank</name>
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        <name>Enlarged City School District of the City of Troy</name>
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        <name>City of Kansas City MO Sanitary Sewer System Revenue</name>
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        <name>Indiana Finance Authority</name>
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        <title>Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B-2</title>
        <cusip>45470YFM8</cusip>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>70870JAK4</cusip>
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        <name>Dallas Fort Worth International Airport</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Series 2017E</title>
        <cusip>646140BY8</cusip>
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          <isin value="US646140BY83"/>
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        <curCd>USD</curCd>
        <valUSD>41216.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Town of Lancaster MA</name>
        <lei>N/A</lei>
        <title>Town of Lancaster, Series 2026</title>
        <cusip>514192HB2</cusip>
        <identifiers>
          <isin value="US514192HB24"/>
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        <balance>5230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5284625.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Regional Transportation District</name>
        <lei>N/A</lei>
        <title>Regional Transportation District, Series 2025</title>
        <cusip>75913TLC6</cusip>
        <identifiers>
          <isin value="US75913TLC61"/>
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        <balance>1990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2140254.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2022B</title>
        <cusip>452153DH9</cusip>
        <identifiers>
          <isin value="US452153DH97"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51582.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Harris County Regional Water Authority</name>
        <lei>N/A</lei>
        <title>North Harris County Regional Water Authority, Senior Lien, Series 2016</title>
        <cusip>65956NGR1</cusip>
        <identifiers>
          <isin value="US65956NGR17"/>
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        <balance>695000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699365.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>Virginia Commonwealth Transportation Board, Federal Highway Transportation, Series 2016</title>
        <cusip>92778UAZ3</cusip>
        <identifiers>
          <isin value="US92778UAZ30"/>
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        <balance>2115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2116864.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Richmond VA</name>
        <lei>N/A</lei>
        <title>City of Richmond, Public Improvement, Series 2017D</title>
        <cusip>76541VTA5</cusip>
        <identifiers>
          <isin value="US76541VTA51"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45561.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alamito Public Facility Corp.</name>
        <lei>N/A</lei>
        <title>Alamito Public Facility Corp., Multi- Family Salazar Apartments, Series 2023</title>
        <cusip>011245AJ6</cusip>
        <identifiers>
          <isin value="US011245AJ68"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8000185.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Texas Home Collaborative</name>
        <lei>N/A</lei>
        <title>Texas Home Collaborative, 1518 Apartments, Series 2023</title>
        <cusip>88248CAA8</cusip>
        <identifiers>
          <isin value="US88248CAA80"/>
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        <balance>4025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4031027.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tarrant County College District</name>
        <lei>N/A</lei>
        <title>Tarrant County College District, Series 2022</title>
        <cusip>87638KCQ3</cusip>
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          <isin value="US87638KCQ31"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61350.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
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        <cusip>20775DYT3</cusip>
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          <isin value="US20775DYT35"/>
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        <balance>22100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22100000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.14999965</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Columbus OH</name>
        <lei>254900NS3ODS0FZ3AM48</lei>
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          <isin value="US1994928L62"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Trinity Health Credit Group, Series 2017A-MI</title>
        <cusip>59447TQE6</cusip>
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          <isin value="US59447TQE63"/>
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        <balance>45000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Transit Authority of Harris County Sales and Use Tax, Series 2018</title>
        <cusip>41422EHX4</cusip>
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          <isin value="US41422EHX40"/>
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        <balance>575000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of King WA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of King Sewer, Series 2025A</title>
        <cusip>495290HA9</cusip>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>County of Miami-Dade FL</name>
        <lei>549300QG0NBD9HULR263</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-10</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Grand River Dam Authority</name>
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          <isin value="US386442WM56"/>
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        <name>State of Illinois</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>District of Columbia</name>
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          <maturityDt>2051-06-01</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Jersey City Redevelopment Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Florida Department of Transportation</name>
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          <isin value="US34160DAJ54"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
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        <name>Adams and Arapahoe Counties Joint School District 28J Aurora</name>
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        <name>Houston Independent School District</name>
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        <name>2026 Loan Holding-1</name>
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        <name>Pembroke Central School District</name>
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        <name>Pasadena Independent School District</name>
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        <name>State of Illinois Sales Tax Revenue</name>
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        <name>City of Utica NY</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
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      <invstOrSec>
        <name>Puerto Rico Public Finance Corp.</name>
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        <name>Comal Independent School District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971WU320"/>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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          <isin value="US39081JKS68"/>
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        <name>School District of Philadelphia (The)</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Water Development Authority</name>
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          <isin value="US677660UU48"/>
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        <name>State of Illinois</name>
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        <name>Ridge Road Fire District</name>
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        <name>Alachua County School Board</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Gretna Public Schools</name>
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        <name>Michigan State Building Authority</name>
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        <name>Miller Place Union Free School District</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <name>Orange County School Board</name>
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        <name>Collin County Community College District</name>
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        <name>Township of Jefferson NJ</name>
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      <invstOrSec>
        <name>Denver City and County School District No. 1</name>
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          <isin value="US249174ZQ95"/>
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      <invstOrSec>
        <name>Kentucky Turnpike Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Town of Harrison/Village of Harrison NY</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <name>Tulsa County Independent School District No. 4 Bixby</name>
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        <name>San Antonio Water System</name>
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        <name>New York City Health and Hospitals Corp.</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Tarrant Regional Water District Water Supply System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US876443WG38"/>
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        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
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        <name>Florida Department of Environmental Protection</name>
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        <name>Cumberland County Municipal Authority</name>
        <lei>N/A</lei>
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        <name>Columbus-Franklin County Finance Authority</name>
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      <invstOrSec>
        <name>University of Minnesota</name>
        <lei>N/A</lei>
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        <name>Florida Union Free School District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XJ669"/>
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        <name>Kansas Development Finance Authority</name>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Albuquerque Bernalillo County Water Utility Authority</name>
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          <isin value="US013493HH76"/>
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      <invstOrSec>
        <name>Tri-County Metropolitan Transportation District of Oregon</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Strongsville OH</name>
        <lei>549300LHSNZ8QAGXUZ59</lei>
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          <isin value="US863370XB37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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        <cusip>91514AHJ7</cusip>
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          <isin value="US91514AHJ79"/>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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        <name>Plano Independent School District</name>
        <lei>N/A</lei>
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        <cusip>727199D81</cusip>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>County of Lee FL</name>
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        <name>City of Kingston NY</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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        <issuerCat>MUN</issuerCat>
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        <name>Boulder Larimer &amp; Weld Counties St Vrain Valley School District Re1J</name>
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        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>Richardson Independent School District</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Polk County School District</name>
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        <name>City of Mesa AZ Utility System Revenue</name>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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        <name>Michigan Finance Authority</name>
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        <name>Rome City School District</name>
        <lei>N/A</lei>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>Texas Water Development Board</name>
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        <name>South Seneca Central School District</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>County of Miami-Dade FL</name>
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        <name>Tulsa County Industrial Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Southeastern Pennsylvania Transportation Authority</name>
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        <name>Colorado River Municipal Water District</name>
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        <name>Township of Maple Shade NJ</name>
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        <name>City of Georgetown TX</name>
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        <name>State of Illinois</name>
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        <name>County of Polk IA</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
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          <isin value="US047870RF93"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Kansas Department of Transportation</name>
        <lei>5493001635XK841MIO47</lei>
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          <isin value="US485424SS58"/>
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        <valUSD>665000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45505KEF30"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series A</title>
        <cusip>010268BN9</cusip>
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          <isin value="US010268BN99"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76697.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>Central Florida Expressway Authority, Senior Lien, Series 2017</title>
        <cusip>153476CQ7</cusip>
        <identifiers>
          <isin value="US153476CQ75"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50988.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee County School Board (The)</name>
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          <isin value="US523494QR62"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Florida Department of Environmental Protection</name>
        <lei>N/A</lei>
        <title>Florida Department of Environmental Protection, Series 2017A</title>
        <cusip>34160WA61</cusip>
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          <isin value="US34160WA618"/>
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        <balance>150000.00000000</balance>
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        <valUSD>153027.93000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority, Pennsylvania Health System, Series 2016A</title>
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          <isin value="US514045K851"/>
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        <valUSD>30013.22000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinity River Authority Central Regional Wastewater System Revenue</name>
        <lei>N/A</lei>
        <title>Trinity River Authority Central Regional Wastewater System, Series 2017</title>
        <cusip>89658HUZ1</cusip>
        <identifiers>
          <isin value="US89658HUZ18"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Houston County School District</name>
        <lei>N/A</lei>
        <title>Houston County School District, Sales Tax, Series 2022</title>
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          <isin value="US442038GF64"/>
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        <balance>25000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
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        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Junior Lien, Series 2021A</title>
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          <isin value="US79642GMJ84"/>
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        <balance>40000.00000000</balance>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <name>City of New York NY</name>
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        <name>Sarasota County School Board</name>
        <lei>N/A</lei>
        <title>Sarasota County School Board, Florida Certificates of Participation Master Lease Program, Series 2023A</title>
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        <name>State of Connecticut</name>
        <lei>549300PHW5BZHA7BEX81</lei>
        <title>State of Connecticut, Series 2024A</title>
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        <name>Indiana Finance Authority</name>
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        <name>Dallas Area Rapid Transit</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Alabama Highway Authority</name>
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          <isin value="US010559AC67"/>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US010268AZ39"/>
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          <couponKind>Fixed</couponKind>
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        <name>University of Michigan</name>
        <lei>N/A</lei>
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          <isin value="US914455SL56"/>
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          <couponKind>Fixed</couponKind>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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          <isin value="US44244CS323"/>
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        <name>State of Hawaii</name>
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        <name>Inlivian</name>
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        <name>Florida Municipal Power Agency</name>
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        <name>Florida Municipal Power Agency</name>
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        <name>Oklahoma Turnpike Authority</name>
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      <invstOrSec>
        <name>City of Memphis TN Memphis Light Gas &amp; Water Division Gas Revenue</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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        <name>Michigan Finance Authority</name>
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        <name>State of Florida Department of Transportation</name>
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        <name>County of Williamson TX</name>
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        <name>Northern Illinois Municipal Power Agency</name>
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        <name>South Dakota Conservancy District</name>
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      <invstOrSec>
        <name>Cypress-Fairbanks Independent School District</name>
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        <name>State of Minnesota</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>St Louis County Library District</name>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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        <name>Arizona Water Infrastructure Finance Authority</name>
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        <name>Bradford Central School District</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>Lowell Regional Transit Authority</name>
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        <name>Orange County Convention Center/Orlando</name>
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        <name>Michigan Finance Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>City of New York NY</name>
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      <invstOrSec>
        <name>Western Massachusetts Emergency Communications District</name>
        <lei>N/A</lei>
        <title>Western Massachusetts Emergency Communications District</title>
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          <isin value="US958592AC17"/>
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        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US343137RR83"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>City of Derby KS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2045-06-15</maturityDt>
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      <invstOrSec>
        <name>University of Houston</name>
        <lei>N/A</lei>
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          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Hawaii HI</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Jersey</name>
        <lei>N/A</lei>
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          <isin value="US646039WX18"/>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Black Belt Energy Gas District</name>
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          <maturityDt>2052-10-01</maturityDt>
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        <name>Comal Independent School District</name>
        <lei>N/A</lei>
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        <name>Milwaukee Metropolitan Sewerage District</name>
        <lei>N/A</lei>
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        <name>School District of Philadelphia (The)</name>
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        <name>Cook Kane Lake &amp; McHenry Counties Community College District No. 512</name>
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        <name>Public Finance Authority</name>
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        <name>City of Jacksonville FL</name>
        <lei>549300XQE0JVN9WV0J40</lei>
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        <name>Memphis-Shelby County Industrial Development Board</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Kansas Hospital Authority</name>
        <lei>N/A</lei>
        <title>University of Kansas Hospital Authority, Series 2026B</title>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
        <lei>N/A</lei>
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        <name>Oklahoma Municipal Power Authority</name>
        <lei>54930074Q1M8747DCS20</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Curators of the University of Missouri (The)</name>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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        <title>Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A</title>
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          <isin value="US45204ERG51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-01</maturityDt>
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      <invstOrSec>
        <name>City of San Antonio TX</name>
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        <title>City of San Antonio, Drainage Utility System, Series 2013</title>
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          <isin value="US796311CV81"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2025B</title>
        <cusip>65829QGB4</cusip>
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          <isin value="US65829QGB41"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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        <title>Pennsylvania Turnpike Commission, Series 2024A</title>
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        <balance>20000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin, Series 2025-2</title>
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          <isin value="US97705MM776"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>City of Houston, Public Improvement, Series 2021A</title>
        <cusip>4423316H2</cusip>
        <identifiers>
          <isin value="US4423316H24"/>
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        <balance>20000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
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        <title>Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2022</title>
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          <isin value="US54811BYB16"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2016A</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Fort Bend TX</name>
        <lei>N/A</lei>
        <title>County of Fort Bend, Unlimited Tax, Series B</title>
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          <isin value="US346766TW85"/>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Indianapolis Department of Public Utilities Gas Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Indianapolis Department of Public Utilities Gas Utility, Second Lien, Series 2017A</title>
        <cusip>455398NP8</cusip>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arlington Central School District</name>
        <lei>N/A</lei>
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          <isin value="US041717QM46"/>
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        <balance>12005000.00000000</balance>
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          <maturityDt>2027-06-25</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Richardson Independent School District</name>
        <lei>N/A</lei>
        <title>Richardson Independent School District, Unlimited Tax, Series 2026</title>
        <cusip>763262BR2</cusip>
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          <isin value="US763262BR20"/>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
        <lei>549300CNCK7OT82W5653</lei>
        <title>New Hampshire Health and Education Facilities Authority Act, Series 2015A</title>
        <cusip>64461XJX4</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <name>West Jefferson Industrial Development Board</name>
        <lei>N/A</lei>
        <title>West Jefferson Industrial Development Board, Alabama Power Co. Miller Plant Project, Series 2008</title>
        <cusip>95345PAB4</cusip>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Miami University/Oxford OH</name>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Town of Orange MA</name>
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          <maturityDt>2026-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allegheny County Higher Education Building Authority</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>San Antonio Water System</name>
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        <name>Bergen County Improvement Authority (The)</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>Bi-State Development Agency of the Missouri-Illinois Metropolitan District</name>
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      <invstOrSec>
        <name>City of Sea Isle City NJ</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cumberland County Municipal Authority</name>
        <lei>N/A</lei>
        <title>Cumberland County Municipal Authority, Diakon Lutheran Social Ministries Project, Series 2016</title>
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          <isin value="US230614LA55"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New Hartford Central School District</name>
        <lei>N/A</lei>
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          <isin value="US644894QC44"/>
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        <valUSD>45567647.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
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        <cusip>059134DX1</cusip>
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          <isin value="US059134DX11"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa County Independent School District No. 1 Tulsa</name>
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        <cusip>899525VV8</cusip>
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          <isin value="US899525VV82"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25305.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Boonton NJ</name>
        <lei>N/A</lei>
        <title>Township of Boonton, Series 2026</title>
        <cusip>099320AX1</cusip>
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          <isin value="US099320AX14"/>
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        <balance>8470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8551998.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
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        <cusip>09182TFW2</cusip>
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          <isin value="US09182TFW27"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2180244.57000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, University of Pittsburgh Medical Center, Series 2016</title>
        <cusip>70869PLH8</cusip>
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          <isin value="US70869PLH81"/>
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        <balance>20000.00000000</balance>
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        <valUSD>20031.87000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, State Personal Income Tax, Series 2005B</title>
        <cusip>649902AX1</cusip>
        <identifiers>
          <isin value="US649902AX12"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111765.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rib Floater Trust Various States</name>
        <lei>N/A</lei>
        <title>RIB Floater Trust Various States, Series 2022-046</title>
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          <isin value="US76252PXR53"/>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30000000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.08000140</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts Federal Highway, Accelerated Bridge Program, Series C</title>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US6461366D82"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2024A</title>
        <cusip>592647MN8</cusip>
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          <isin value="US592647MN87"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Town of Dover NJ</name>
        <lei>N/A</lei>
        <title>Town of Dover, Series 2026</title>
        <cusip>260237MW9</cusip>
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          <isin value="US260237MW94"/>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Town of Amherst NY</name>
        <lei>549300Y05O1QJP3REV80</lei>
        <title>Town of Amherst, Series 2025</title>
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          <isin value="US031304DE58"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-28</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Wayne County Airport Authority</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority, Series C</title>
        <cusip>944514XZ6</cusip>
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          <isin value="US944514XZ67"/>
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        <balance>210000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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        <valUSD>1757273.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2019</title>
        <cusip>882854T85</cusip>
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          <isin value="US882854T851"/>
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        <balance>125000.00000000</balance>
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        <valUSD>127747.10000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Los Angeles Department of Water &amp; Power</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Union High School District No. 210-Phoenix</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Territory of Guam</name>
        <lei>N/A</lei>
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          <isin value="US40065NCV73"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>GU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153BS70"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52263.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <cusip>20774YGN1</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clark County Public Utility District No. 1 Electric Revenue</name>
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          <isin value="US181108E647"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Franklin OH Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>County of Franklin Sales Tax, Various Purpose, Series 2018</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Restructuring Bond, Series 2016B</title>
        <cusip>91802RCV9</cusip>
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          <isin value="US91802RCV96"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
        <title>City of Fort Worth, Series 2025</title>
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          <isin value="US349426MQ60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>State of Wisconsin</name>
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          <isin value="US97705MH990"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Florida Department of Transportation</name>
        <lei>N/A</lei>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Geisinger Authority</name>
        <lei>N/A</lei>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Valdez AK</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>City of New York NY</name>
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      <invstOrSec>
        <name>University of Kansas Hospital Authority</name>
        <lei>N/A</lei>
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        <name>Adams County Housing Authority</name>
        <lei>N/A</lei>
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        <name>Fort Edward Union Free School District</name>
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        <name>City of Austin TX Airport System Revenue</name>
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          <couponKind>Fixed</couponKind>
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        <name>Hudson County Improvement Authority</name>
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        <name>County of New Hanover NC</name>
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        <name>Pima County Unified School District No. 1 Tucson</name>
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        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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        <name>Miami-Dade County Expressway Authority</name>
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        <name>County of Cuyahoga OH</name>
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        <name>Pulaski Central School District</name>
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        <name>Kentucky Turnpike Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>City &amp; County of Denver CO</name>
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        <name>Virginia College Building Authority</name>
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        <name>Curators of the University of Missouri (The)</name>
        <lei>G0G4PRB87K0V5MXIV248</lei>
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        <name>Borough of Metuchen NJ</name>
        <lei>N/A</lei>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>City of Aurora CO</name>
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      <invstOrSec>
        <name>County of Harris TX</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Canastota Central School District</name>
        <lei>N/A</lei>
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          <isin value="US137249LE69"/>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PB680"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Wisconsin</name>
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          <isin value="US97705MS716"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <cusip>64990GEX6</cusip>
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          <isin value="US64990GEX60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Borough of North Slope AK</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Massachusetts Building Authority</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Somers Central School District</name>
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          <maturityDt>2027-08-13</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US4424365T44"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>City of De Pere WI</name>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <balance>3450000.00000000</balance>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Metropolitan Area Transit Authority</name>
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          <maturityDt>2027-07-01</maturityDt>
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      <invstOrSec>
        <name>Mesa County Valley School District No. 51 Grand Junction/CO</name>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, School Facilities Construction, Series BBB</title>
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        <name>City of Troy NY</name>
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      <invstOrSec>
        <name>University of Delaware</name>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
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          <isin value="US606092LW28"/>
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      <invstOrSec>
        <name>Florida Department of Management Services</name>
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      <invstOrSec>
        <name>Portville Central School District</name>
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      <invstOrSec>
        <name>University of Houston</name>
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        <name>Clark County School District</name>
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        <name>Township of North Brunswick NJ</name>
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        <name>Indiana Finance Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Enlarged Ogdensburg City School District</name>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>State of Florida Department of Transportation</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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      <invstOrSec>
        <name>City of North Olmsted OH</name>
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        <name>Township of Saddle Brook NJ</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Gainesville FL Utilities System Revenue</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US207758Y233"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fulton City School District</name>
        <lei>N/A</lei>
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          <isin value="US360676KF69"/>
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        <name>County of Dane WI</name>
        <lei>5493000I57K3U1SCHU17</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Ohio</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series 2016A</title>
        <cusip>010268BB5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>University of Massachusetts Building Authority</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Allegheny PA</name>
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        <name>City of Hudson OH</name>
        <lei>N/A</lei>
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        <name>Newburgh Enlarged City School District</name>
        <lei>N/A</lei>
        <title>Newburgh Enlarged City School District, Series 2026</title>
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        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2016C</title>
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        <name>Philadelphia Gas Works Co.</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
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          <maturityDt>2028-10-01</maturityDt>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Pima County Unified School District No. 1 Tucson</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Intermediate Tax-Free Fund</name>
        <lei>N/A</lei>
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          <isin value="US01757LHJ89"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US68450LGV18"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Peekskill City School District</name>
        <lei>N/A</lei>
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          <isin value="US705404NE70"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, CWA Authority Project, Second Lien, Series 2021-2</title>
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          <isin value="US45505MKE56"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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          <isin value="US64577BC939"/>
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        <curCd>USD</curCd>
        <valUSD>25390.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Owego Apalachin Central School District</name>
        <lei>N/A</lei>
        <title>Owego Apalachin Central School District, Series 2026B</title>
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          <isin value="US690632HY31"/>
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        <curCd>USD</curCd>
        <valUSD>13966070.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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        <title>City of Atlanta Water and Wastewater, Series 2017A</title>
        <cusip>047870NR7</cusip>
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          <isin value="US047870NR77"/>
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        <curCd>USD</curCd>
        <valUSD>61644.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 133, Series A</title>
        <cusip>49151F5X4</cusip>
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          <isin value="US49151F5X42"/>
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        <curCd>USD</curCd>
        <valUSD>3071072.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Albany-Dougherty Payroll Development Authority</name>
        <lei>N/A</lei>
        <title>Albany-Dougherty Payroll Development Authority, Procter &amp; Gamble Paper Products, Series 1999</title>
        <cusip>012192AB6</cusip>
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          <isin value="US012192AB67"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <name>County of Miami-Dade FL Aviation Revenue</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade Aviation System, Series A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
        <lei>N/A</lei>
        <title>Pennsylvania Turnpike Commission Oil Franchise Tax, Series B</title>
        <cusip>709221UV5</cusip>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Attica Central School District</name>
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          <isin value="US049812JV33"/>
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        <name>Tri-County Metropolitan Transportation District of Oregon</name>
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        <name>University of Delaware</name>
        <lei>KPIOJCFMR70NWLS6O145</lei>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
        <lei>N/A</lei>
        <title>Pennsylvania Turnpike Commission Oil Franchise Tax, Series A</title>
        <cusip>709221UE3</cusip>
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          <isin value="US709221UE33"/>
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        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>School District of Philadelphia (The), Series 2026C</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County Flood Control District</name>
        <lei>N/A</lei>
        <title>Harris County Flood Control District, Series 2025A</title>
        <cusip>414019CY3</cusip>
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          <isin value="US414019CY34"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2586095.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <cusip>64966SPX8</cusip>
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          <isin value="US64966SPX89"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6990593.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Municipal Gas Agency</name>
        <lei>549300SISI6N1C6S3136</lei>
        <title>Minnesota Municipal Gas Agency, Series 2022B</title>
        <cusip>60406UAN7</cusip>
        <identifiers>
          <isin value="US60406UAN72"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15035242.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.44500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
        <title>New Mexico Finance Authority, Subordinate Lien Public Project, Series 2025C</title>
        <cusip>64711PSZ4</cusip>
        <identifiers>
          <isin value="US64711PSZ44"/>
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        <balance>7550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7602292.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>County of Adams CO</name>
        <lei>N/A</lei>
        <title>County of Adams, Series 2015</title>
        <cusip>005596DY4</cusip>
        <identifiers>
          <isin value="US005596DY48"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20019.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Cabarrus NC</name>
        <lei>549300HVGPJDNBDPZV71</lei>
        <title>County of Cabarrus, Series 2026</title>
        <cusip>12677RFN2</cusip>
        <identifiers>
          <isin value="US12677RFN26"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3063086.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Children's Hospital Obligated Group, Series 2015</title>
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          <isin value="US254764JT15"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100550.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority, Series 2016A</title>
        <cusip>83715BCZ8</cusip>
        <identifiers>
          <isin value="US83715BCZ85"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000974.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2021</title>
        <cusip>54811BWH0</cusip>
        <identifiers>
          <isin value="US54811BWH04"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21099.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group, Series 2016A</title>
        <cusip>97712DQF6</cusip>
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          <isin value="US97712DQF68"/>
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        <curCd>USD</curCd>
        <valUSD>2052456.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Hays TX</name>
        <lei>N/A</lei>
        <title>County of Hays, Series 2017</title>
        <cusip>421020B31</cusip>
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          <isin value="US421020B319"/>
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        <balance>115000.00000000</balance>
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        <valUSD>116214.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
        <lei>N/A</lei>
        <title>Wisconsin Department of Transportation, Series 2017-2</title>
        <cusip>977123U22</cusip>
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          <isin value="US977123U228"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30629.62000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Maui HI</name>
        <lei>N/A</lei>
        <title>County of Maui, Series 2025</title>
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          <isin value="US577286AW79"/>
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        <balance>75000.00000000</balance>
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        <valUSD>75000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atlanta Water and Wastewater, Series 2017A</title>
        <cusip>047870PA2</cusip>
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          <isin value="US047870PA25"/>
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        <balance>50000.00000000</balance>
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        <valUSD>51370.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City, Series 2021A</title>
        <cusip>795576JP3</cusip>
        <identifiers>
          <isin value="US795576JP35"/>
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        <balance>3400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development, Series B-2</title>
        <cusip>71781QEJ3</cusip>
        <identifiers>
          <isin value="US71781QEJ31"/>
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        <balance>16600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16600000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.28000170</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Project 1, Series 2025A</title>
        <cusip>29270C6X8</cusip>
        <identifiers>
          <isin value="US29270C6X81"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4169934.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Township of Montville NJ</name>
        <lei>N/A</lei>
        <title>Township of Montville, Series 2025</title>
        <cusip>615298NN2</cusip>
        <identifiers>
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        <name>Texas A&amp;M University</name>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>West Fargo Public School District No. 6</name>
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        <name>State of Colorado</name>
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        <name>Illinois Finance Authority</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Mississippi Development Bank</name>
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        <name>Illinois Finance Authority</name>
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        <name>Illinois Finance Authority</name>
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      <invstOrSec>
        <name>Township of Woodbridge NJ</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <cusip>64971X4N5</cusip>
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          <isin value="US64971X4N56"/>
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      <invstOrSec>
        <name>Alabama Highway Authority</name>
        <lei>N/A</lei>
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          <isin value="US010559AD41"/>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wylie Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US9830687Z40"/>
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        <balance>4610000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
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          <isin value="US167593C428"/>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709224RD36"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Oklahoma State University</name>
        <lei>254900M845UI413F1O58</lei>
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          <isin value="US679191HD16"/>
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        <balance>760000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 112, Series B</title>
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          <isin value="US49151FNL03"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Utilities District of Omaha Water System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US592642GF31"/>
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        <balance>6000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ravena Coeymans Selkirk Central School District</name>
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          <isin value="US754229GR75"/>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Houston</name>
        <lei>N/A</lei>
        <title>University of Houston, Series 2020A</title>
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          <isin value="US914302FY51"/>
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        <balance>30000.00000000</balance>
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        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin Center District</name>
        <lei>N/A</lei>
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        <cusip>976596BE5</cusip>
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          <isin value="US976596BE53"/>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 130, Series 2024A</title>
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          <isin value="US49151F2D15"/>
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        <name>Deer Park Union Free School District</name>
        <lei>N/A</lei>
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        <name>Borough of Matanuska-Susitna AK</name>
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          <isin value="US5765444E74"/>
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        <name>Johnson County Unified School District No. 233 Olathe</name>
        <lei>N/A</lei>
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          <isin value="US478718S421"/>
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      <invstOrSec>
        <name>City of Seattle WA Water System Revenue</name>
        <lei>N/A</lei>
        <title>City of Seattle Water System, Series 2021</title>
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          <isin value="US812728WL32"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cotuit Fire District</name>
        <lei>N/A</lei>
        <title>Cotuit Fire District</title>
        <cusip>222033CQ3</cusip>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Ohio State University (The)</name>
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        <name>Maine School Administrative District No. 51</name>
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        <name>West Virginia Commissioner of Highways</name>
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        <name>Michigan Finance Authority</name>
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        <name>City of Indianapolis Department of Public Utilities Water System Revenue</name>
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        <name>Mississippi Development Bank</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Oklahoma County Independent School District No. 52 Midwest City-Del City</name>
        <lei>N/A</lei>
        <title>Oklahoma County Independent School District No. 52 Midwest City-Del City, Series 2026</title>
        <cusip>678807RY6</cusip>
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          <isin value="US678807RY66"/>
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        <curCd>USD</curCd>
        <valUSD>4081879.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Deaconess Health System, Series 2016A</title>
        <cusip>45506DXT7</cusip>
        <identifiers>
          <isin value="US45506DXT70"/>
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        <balance>2565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2565000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, First Tier, Series 2019A</title>
        <cusip>66285WYQ3</cusip>
        <identifiers>
          <isin value="US66285WYQ31"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51578.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Palm Beach County School District</name>
        <lei>N/A</lei>
        <title>Palm Beach County School District, Series 2018B</title>
        <cusip>696550F49</cusip>
        <identifiers>
          <isin value="US696550F496"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119891.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>District of Columbia Income Tax, Series 2022C</title>
        <cusip>25477GVG7</cusip>
        <identifiers>
          <isin value="US25477GVG71"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95586.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Airport System, Subordinate Lien, Series 2020B</title>
        <cusip>442349EE2</cusip>
        <identifiers>
          <isin value="US442349EE20"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50945.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority, Series 2016I</title>
        <cusip>594615FL5</cusip>
        <identifiers>
          <isin value="US594615FL58"/>
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        <balance>1380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1384005.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2017A</title>
        <cusip>45470RDJ2</cusip>
        <identifiers>
          <isin value="US45470RDJ23"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50910.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Partners Healthcare System Issue, Series 2016Q</title>
        <cusip>57584XHR5</cusip>
        <identifiers>
          <isin value="US57584XHR52"/>
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        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>305394.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, First Lien, Series 2018D</title>
        <cusip>44244CSQ1</cusip>
        <identifiers>
          <isin value="US44244CSQ14"/>
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        <balance>2675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2794785.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Houston Independent School District</name>
        <lei>N/A</lei>
        <title>Houston Independent School District, Limited Tax, Series 2026</title>
        <cusip>442403SL6</cusip>
        <identifiers>
          <isin value="US442403SL69"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6208904.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2021A</title>
        <cusip>662903C50</cusip>
        <identifiers>
          <isin value="US662903C502"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26538.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc., Series 2016A</title>
        <cusip>54659LBK9</cusip>
        <identifiers>
          <isin value="US54659LBK98"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25048.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado, Enterprise System, Series 2017A-2</title>
        <cusip>91417NJM8</cusip>
        <identifiers>
          <isin value="US91417NJM83"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57329.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chicago IL Waterworks Revenue</name>
        <lei>N/A</lei>
        <title>City of Chicago, Waterworks, Second Lien, Series 2017</title>
        <cusip>167736K48</cusip>
        <identifiers>
          <isin value="US167736K483"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45156.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Various Purpose, Series 2025A</title>
        <cusip>60412AU92</cusip>
        <identifiers>
          <isin value="US60412AU929"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10227104.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Pima AZ Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>County of Pima, Sewer System, Series 2024</title>
        <cusip>721876WH9</cusip>
        <identifiers>
          <isin value="US721876WH98"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112146.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>New York City Industrial Development Agency</name>
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        <name>Michigan State Housing Development Authority</name>
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        <name>State of Texas</name>
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        <name>Liberty Central School District</name>
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        <name>Maine Turnpike Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Pennsylvania State University (The)</name>
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        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <name>City of Gainesville FL Utilities System Revenue</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Denver City and County School District No. 1</name>
        <lei>N/A</lei>
        <title>Denver City and County School District No. 1, Series 2025D</title>
        <cusip>249174ZP1</cusip>
        <identifiers>
          <isin value="US249174ZP13"/>
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        <balance>3525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3546350.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maricopa County Unified School District No. 69 Paradise Valley</name>
        <lei>N/A</lei>
        <title>Maricopa County Unified School District No. 69 Paradise Valley, Series 2022C</title>
        <cusip>567373M44</cusip>
        <identifiers>
          <isin value="US567373M446"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20411.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Second Tier, Series 2024B</title>
        <cusip>66285WS31</cusip>
        <identifiers>
          <isin value="US66285WS319"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2132805.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Canadian County Educational Facilities Authority</name>
        <lei>549300HPRFS0Z66VHS30</lei>
        <title>Canadian County Educational Facilities Authority, Mustang Public Schools Project, Series 2017</title>
        <cusip>135521CM2</cusip>
        <identifiers>
          <isin value="US135521CM22"/>
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        <balance>1045000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1046632.50000000</valUSD>
        <pctVal>0.014229827356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Series 2019BB</title>
        <cusip>64613CFE3</cusip>
        <identifiers>
          <isin value="US64613CFE30"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>163329.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Olean City School District</name>
        <lei>N/A</lei>
        <title>Olean City School District, Series 2026</title>
        <cusip>680571JJ6</cusip>
        <identifiers>
          <isin value="US680571JJ65"/>
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        <balance>4900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4940636.19000000</valUSD>
        <pctVal>0.067172001646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2019A</title>
        <cusip>708692BL1</cusip>
        <identifiers>
          <isin value="US708692BL13"/>
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        <balance>8000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7996871.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.94999935</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 52-C</title>
        <cusip>6582074F9</cusip>
        <identifiers>
          <isin value="US6582074F94"/>
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        <balance>15500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15500000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000165</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District, Certificates of Participation, Series 2023A</title>
        <cusip>544648WQ7</cusip>
        <identifiers>
          <isin value="US544648WQ74"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10544.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Town of North Kingstown RI</name>
        <lei>N/A</lei>
        <title>Town of North Kingstown, Series 2026</title>
        <cusip>660325B34</cusip>
        <identifiers>
          <isin value="US660325B346"/>
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        <balance>19480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19700314.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of New Jersey</name>
        <lei>N/A</lei>
        <title>State of New Jersey, COVID-19 Emergency Bonds, Series 2020A</title>
        <cusip>646039YM3</cusip>
        <identifiers>
          <isin value="US646039YM35"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380452.02000000</valUSD>
        <pctVal>0.005172557284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morrisville-Eaton Central School District</name>
        <lei>N/A</lei>
        <title>Morrisville-Eaton Central School District, Series 2026</title>
        <cusip>618788GL1</cusip>
        <identifiers>
          <isin value="US618788GL14"/>
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        <balance>5570655.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5607385.11000000</valUSD>
        <pctVal>0.076237000126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Harris County Regional Water Authority</name>
        <lei>N/A</lei>
        <title>North Harris County Regional Water Authority, Senior Lien, Series 2016</title>
        <cusip>65956NGS9</cusip>
        <identifiers>
          <isin value="US65956NGS99"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35207.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series B-2</title>
        <cusip>709224XC8</cusip>
        <identifiers>
          <isin value="US709224XC88"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30494.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bay Shore Union Free School District</name>
        <lei>N/A</lei>
        <title>Bay Shore Union Free School District, Series 2026</title>
        <cusip>072581LQ2</cusip>
        <identifiers>
          <isin value="US072581LQ29"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10087043.00000000</valUSD>
        <pctVal>0.137141623658</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Florida</name>
        <lei>5493004G5XFOOUT0LQ57</lei>
        <title>State of Florida, Series 2022B</title>
        <cusip>34153QWC6</cusip>
        <identifiers>
          <isin value="US34153QWC67"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35649.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Public Utility District No. 1 of Lewis County</name>
        <lei>549300GUJWR2C89RVS54</lei>
        <title>Public Utility District No. 1 of Lewis County, Cowlitz Falls Hydroelec Project, Series 2013</title>
        <cusip>527839DN1</cusip>
        <identifiers>
          <isin value="US527839DN17"/>
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        <balance>2290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2307489.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Michigan Finance Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of Connecticut</name>
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          <maturityDt>2027-01-15</maturityDt>
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        <name>City of Seattle WA Drainage &amp; Wastewater Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Richmond VA Public Utility Revenue</name>
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        <name>New York City Industrial Development Agency</name>
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        <name>Herkimer Central School District</name>
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        <name>Hudson County Improvement Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>Energy Northwest</name>
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        <name>Plano Independent School District</name>
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        <name>Winchester Economic Development Authority</name>
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        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US207758Y498"/>
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        <name>California Community Choice Financing Authority</name>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>Washington Health Care Facilities Authority</name>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
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        <name>Bergen County Improvement Authority (The)</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>University of Central Arkansas</name>
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          <isin value="US914115R937"/>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>University of Houston</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>University of Houston</name>
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        <name>Energy Northwest</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Duval County Public Schools</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Raleigh NC Combined Enterprise System Revenue</name>
        <lei>N/A</lei>
        <title>City of Raleigh Combined Enterprise System, Series 2023</title>
        <cusip>751100MU9</cusip>
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          <isin value="US751100MU98"/>
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        <curCd>USD</curCd>
        <valUSD>120000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority, Drinking Water Assistance, Series 2019</title>
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          <isin value="US67765QGN07"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40757.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Denton TX Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Denton Utility System, Series 2017</title>
        <cusip>249015C30</cusip>
        <identifiers>
          <isin value="US249015C309"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70394.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Narragansett Regional School District/MA</name>
        <lei>N/A</lei>
        <title>Narragansett Regional School District</title>
        <cusip>631022CK4</cusip>
        <identifiers>
          <isin value="US631022CK42"/>
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        <balance>5060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5082592.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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        <cusip>45470YDR9</cusip>
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          <isin value="US45470YDR99"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100353.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <cusip>60637AKT8</cusip>
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          <isin value="US60637AKT87"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>398979.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
        <title>County of Baltimore, Equipment Acquisition Program, Series 2025</title>
        <cusip>059134EV4</cusip>
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          <isin value="US059134EV46"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177062.41000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Georgetown MA</name>
        <lei>N/A</lei>
        <title>Town of Georgetown, Series 2026</title>
        <cusip>372838PB2</cusip>
        <identifiers>
          <isin value="US372838PB27"/>
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        <balance>13000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13118890.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Piedmont Municipal Power Agency</name>
        <lei>549300C7VOBGIG4OD375</lei>
        <title>Piedmont Municipal Power Agency, Series 2021B</title>
        <cusip>720175ZB7</cusip>
        <identifiers>
          <isin value="US720175ZB75"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>921752.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Town of Southborough MA</name>
        <lei>N/A</lei>
        <title>Town of Southborough</title>
        <cusip>841229SQ1</cusip>
        <identifiers>
          <isin value="US841229SQ10"/>
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        <balance>8300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8329401.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
        <lei>N/A</lei>
        <title>Pennsylvania Turnpike Commission Oil Franchise Tax, Series B</title>
        <cusip>709221UW3</cusip>
        <identifiers>
          <isin value="US709221UW31"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20102.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Second Tier, Series 2019B</title>
        <cusip>66285WZL3</cusip>
        <identifiers>
          <isin value="US66285WZL35"/>
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        <balance>405000.00000000</balance>
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        <valUSD>425537.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Henry Ford Health System, Series 2016</title>
        <cusip>59447TMB6</cusip>
        <identifiers>
          <isin value="US59447TMB60"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100431.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Cook IL</name>
        <lei>N/A</lei>
        <title>County of Cook, Series 2016A</title>
        <cusip>213185KH3</cusip>
        <identifiers>
          <isin value="US213185KH39"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45211.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport, Series 2025A-1</title>
        <cusip>23503CFQ5</cusip>
        <identifiers>
          <isin value="US23503CFQ50"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5270018.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of San Antonio TX</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>City of San Antonio, General Improvement, Series 2019</title>
        <cusip>79623PCW3</cusip>
        <identifiers>
          <isin value="US79623PCW32"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95540.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Housing Corp.</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>Kentucky Housing Corp., Multi Family Housing Beecher Terrace Phase IV Project, Series 2023</title>
        <cusip>49131CAA0</cusip>
        <identifiers>
          <isin value="US49131CAA09"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Cook IL</name>
        <lei>N/A</lei>
        <title>County of Cook, Series 2021A</title>
        <cusip>213185LV1</cusip>
        <identifiers>
          <isin value="US213185LV14"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Infrastructure Authority</name>
        <lei>N/A</lei>
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          <isin value="US4913138A35"/>
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      <invstOrSec>
        <name>Kansas Development Finance Authority</name>
        <lei>549300WTL7BL8KBDPR87</lei>
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        <name>Alabama Highway Authority</name>
        <lei>N/A</lei>
        <title>Alabama Highway Authority, Series 2025</title>
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          <isin value="US010559AA02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tulsa County Industrial Authority</name>
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        <cusip>89952PHW8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of New Hanover NC</name>
        <lei>549300TDDH9O6TH23823</lei>
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        <cusip>644804EY8</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Transportation System, Series 2021A</title>
        <cusip>6461367T2</cusip>
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          <isin value="US6461367T26"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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        <cusip>45528VGL7</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Antonio TX</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>City of San Antonio, Series 2024</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Parker Sewer &amp; Fire Subdistrict</name>
        <lei>N/A</lei>
        <title>Parker Sewer and Fire Subdistrict, South Carolina Sewer System, Series 2017</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <couponKind>Variable</couponKind>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Transportation System, Series 2021A</title>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>State of Ohio</name>
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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>6461363X7</cusip>
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          <isin value="US6461363X73"/>
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          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Florida Lottery Revenue</name>
        <lei>N/A</lei>
        <title>State of Florida Lottery, Series 2017A</title>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2025A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Borough of Wood-Ridge NJ</name>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
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        <name>County of Wake NC</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Antonio TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alaska Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Trinity River Authority Central Regional Wastewater System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Nebraska Public Power District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana University</name>
        <lei>B4CW783SY7V2XEFJSQ64</lei>
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          <couponKind>Fixed</couponKind>
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        <name>City of Dallas TX</name>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <name>State of Illinois</name>
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        <name>Ohio Water Development Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Maricopa County Unified School District No. 80 Chandler</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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      <invstOrSec>
        <name>Duanesburg Central School District</name>
        <lei>N/A</lei>
        <title>Duanesburg Central School District, Series 2026</title>
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          <isin value="US263579LX03"/>
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        <balance>7665000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Georgetown TX Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Georgetown Utility System, Series 2026</title>
        <cusip>3730642N3</cusip>
        <identifiers>
          <isin value="US3730642N38"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Dunkirk City School District</name>
        <lei>N/A</lei>
        <title>Dunkirk City School District, Series 2026A</title>
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        <identifiers>
          <isin value="US265561KR07"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12099861.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle, Intermediate Lien, Series 2022A</title>
        <cusip>735389S74</cusip>
        <identifiers>
          <isin value="US735389S743"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72993.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Development Authority of Burke County (The)</name>
        <lei>N/A</lei>
        <title>Development Authority of Burke County (The), Georgia Power Co. Plant Vogtle Project, Series 2012-2</title>
        <cusip>121342QN2</cusip>
        <identifiers>
          <isin value="US121342QN22"/>
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        <balance>3250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3262630.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>San Antonio Independent School District/TX</name>
        <lei>N/A</lei>
        <title>San Antonio Independent School District, Series 2019</title>
        <cusip>796269A99</cusip>
        <identifiers>
          <isin value="US796269A998"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61425.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miami-Dade County Expressway Authority</name>
        <lei>549300NSQPQSO55VM780</lei>
        <title>Miami-Dade County Expressway Authority, Toll System, Series 2016A</title>
        <cusip>593338AS5</cusip>
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          <isin value="US593338AS54"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260422.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington, Various Purpose, Series R-2022C</title>
        <cusip>93974EVW3</cusip>
        <identifiers>
          <isin value="US93974EVW38"/>
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        <balance>15025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15212249.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Series 2024C</title>
        <cusip>25476FH50</cusip>
        <identifiers>
          <isin value="US25476FH502"/>
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        <balance>5105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5261914.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Raleigh NC Combined Enterprise System Revenue</name>
        <lei>N/A</lei>
        <title>City of Raleigh Combined Enterprise System, Series 2016A</title>
        <cusip>751100KW7</cusip>
        <identifiers>
          <isin value="US751100KW72"/>
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        <balance>1475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1492825.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority, Series 2018A</title>
        <cusip>452252NE5</cusip>
        <identifiers>
          <isin value="US452252NE56"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105038.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Atlantic University Housing System Revenue</name>
        <lei>N/A</lei>
        <title>Florida Atlantic University Housing System, Series 2016A</title>
        <cusip>341568BM4</cusip>
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          <isin value="US341568BM47"/>
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        <balance>1070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1071757.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lincoln NE Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lincoln Electric System, Series 2018</title>
        <cusip>534272J42</cusip>
        <identifiers>
          <isin value="US534272J420"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
        <lei>N/A</lei>
        <title>City of Austin Water and Wastewater System, Series 2024</title>
        <cusip>052477XY7</cusip>
        <identifiers>
          <isin value="US052477XY73"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185285.45000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>County of Clark, Series 2019A</title>
        <cusip>180848G98</cusip>
        <identifiers>
          <isin value="US180848G982"/>
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        <balance>35000.00000000</balance>
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        <valUSD>36077.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Germantown Central School District</name>
        <lei>N/A</lei>
        <title>Germantown Central School District, Series 2026B</title>
        <cusip>374074CP5</cusip>
        <identifiers>
          <isin value="US374074CP58"/>
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        <balance>11410000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan State Hospital Finance Authority</name>
        <lei>54930011MIBQ2P7ZNM19</lei>
        <title>Michigan State Hospital Finance Authority, Ascension Health Senior Credit Group, Series 1999B-3</title>
        <cusip>59465HUV6</cusip>
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          <isin value="US59465HUV67"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284043.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority Dedicated, Sustainability Bonds, Series 2021A</title>
        <cusip>93878YBD0</cusip>
        <identifiers>
          <isin value="US93878YBD04"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85941.85000000</valUSD>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <name>Lower Colorado River Authority</name>
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        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
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        <name>State of Connecticut</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>County of Luzerne PA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Partners Healthcare System Issue, Series 2016Q</title>
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          <isin value="US57584XHQ79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Brockton MA</name>
        <lei>N/A</lei>
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          <maturityDt>2026-10-08</maturityDt>
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        <lei>N/A</lei>
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        <name>State of Ohio</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maine Municipal Bond Bank</name>
        <lei>N/A</lei>
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        <name>Mississippi Development Bank</name>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <name>Arlington Independent School District/TX</name>
        <lei>N/A</lei>
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        <name>Orange County Convention Center/Orlando</name>
        <lei>N/A</lei>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Clark NV</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Texas</name>
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          <isin value="US882723H853"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.35000140</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Indiana University Health Obligated Group, Series 2025D-1</title>
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          <isin value="US45470YGD76"/>
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        <valUSD>2622809.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Yuma AZ</name>
        <lei>N/A</lei>
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          <isin value="US98851WAW38"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, First Lien, Series 2017B</title>
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        <identifiers>
          <isin value="US44244CMX29"/>
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        <curCd>USD</curCd>
        <valUSD>138866.41000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Birmingham City School District/MI</name>
        <lei>N/A</lei>
        <title>Birmingham City School District, Series 2023</title>
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          <isin value="US091212HA12"/>
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        <curCd>USD</curCd>
        <valUSD>50792.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Gulf Coast University Financing Corp.</name>
        <lei>N/A</lei>
        <title>Florida Gulf Coast University Financing Corp., Housing Project, Series 2008A</title>
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          <isin value="US34073XCK28"/>
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        <balance>8200000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.25999970</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lincoln NE Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lincoln Electric System, Series 2016</title>
        <cusip>534272G78</cusip>
        <identifiers>
          <isin value="US534272G780"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, School Facilities Construction, Series 2019GGG</title>
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          <isin value="US64577B6K58"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3500000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2018A</title>
        <cusip>709144NM7</cusip>
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          <isin value="US709144NM77"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453547.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Oregon</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon, Article XI-Q State Project, Series 2023J</title>
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          <isin value="US68609UHD00"/>
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        <balance>25000.00000000</balance>
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        <valUSD>25098.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Presence Health Network, Series 2016C</title>
        <cusip>45204EEU8</cusip>
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          <isin value="US45204EEU82"/>
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        <balance>520000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
        <title>Cypress-Fairbanks Independent School District, Unlimited Tax, Series 2025</title>
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          <isin value="US232769PZ69"/>
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        <balance>11000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
        <title>Orlando Utilities Commission, Series 2020A</title>
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          <isin value="US686507JP06"/>
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        <balance>50000.00000000</balance>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, The Broad Institute, Series 2017</title>
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          <isin value="US57584X2S95"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank, Unlimited AD Valorem Property Tax Supported Project, Series 2025D</title>
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          <isin value="US45528VHC63"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3094446.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2023, Series 2023C, Subseries C-1</title>
        <cusip>64971X2S6</cusip>
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          <isin value="US64971X2S61"/>
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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Humble Independent School District</name>
        <lei>N/A</lei>
        <title>Humble Independent School District, Unlimited Tax, Series 2026B</title>
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          <isin value="US445047QC00"/>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission Registration Fee Revenue</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Montgomery TX</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of Arizona Lottery Revenue</name>
        <lei>N/A</lei>
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          <isin value="US040624BN79"/>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204FYF60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX</name>
        <lei>549300C64URYS0WQQY42</lei>
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          <isin value="US442331U513"/>
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        <balance>2680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2709343.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tampa Bay Water</name>
        <lei>N/A</lei>
        <title>Tampa Bay Water, Utility System, Series 2001A</title>
        <cusip>875128FC9</cusip>
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          <isin value="US875128FC94"/>
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        <balance>5470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5930240.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mission Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Mission Economic Development Corp., Waste Management, Inc., Project, Series 2020A</title>
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        <identifiers>
          <isin value="US605155BR07"/>
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        <balance>7350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7350000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85000030</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</name>
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        <title>Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Northview Project, Series 2023B</title>
        <cusip>592113CR3</cusip>
        <identifiers>
          <isin value="US592113CR31"/>
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        <balance>1500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health and Educational Facilities Authority, Ascension Health Credit Group, Series 2016A</title>
        <cusip>97712DQJ8</cusip>
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          <isin value="US97712DQJ80"/>
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        <balance>400000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City and County of Denver Airport System, Series 2023B</title>
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          <isin value="US249182UN44"/>
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          <maturityDt>2027-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Kansas Department of Transportation</name>
        <lei>5493001635XK841MIO47</lei>
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          <isin value="US485424SD89"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property and Building Commission, Project No. 122, Series A</title>
        <cusip>49151FB90</cusip>
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          <isin value="US49151FB902"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <cusip>592646X24</cusip>
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          <isin value="US592646X243"/>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.24000135</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Business Finance Corp.</name>
        <lei>549300DYV074JUDKBQ77</lei>
        <title>Mississippi Business Finance Corp., Waste Management, Inc., Project, Series 2004</title>
        <cusip>60527MAQ2</cusip>
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          <isin value="US60527MAQ24"/>
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        <balance>1250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia Water &amp; Sewer Authority</name>
        <lei>549300OT2FIJQJ5PSH71</lei>
        <title>District of Columbia Water and Sewer Authority, Subordinate Lien, Series 2024A</title>
        <cusip>254845TM2</cusip>
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          <isin value="US254845TM21"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>549300PHW5BZHA7BEX81</lei>
        <title>State of Connecticut, Series 2025D</title>
        <cusip>20772KH36</cusip>
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          <isin value="US20772KH368"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3242730.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>RBC Municipal Products, Inc. Trust</name>
        <lei>N/A</lei>
        <title>RBC Municipal Products, Inc. Trust, Floater Certificates, Series E-147</title>
        <cusip>74934RP91</cusip>
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          <isin value="US74934RP912"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11000000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Township of Logan NJ</name>
        <lei>N/A</lei>
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          <isin value="US541112BZ06"/>
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        <valUSD>15305441.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677581HR46"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55388.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Municipal Power Agency</name>
        <lei>549300M3I10QJUPNU131</lei>
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          <isin value="US342816N923"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75136.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Jacinto Community College District</name>
        <lei>N/A</lei>
        <title>San Jacinto Community College District, Limited Tax, Series 2026</title>
        <cusip>798025SE3</cusip>
        <identifiers>
          <isin value="US798025SE38"/>
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        <balance>4725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5048843.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc., Series 2016A</title>
        <cusip>54659LBJ2</cusip>
        <identifiers>
          <isin value="US54659LBJ26"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25040.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority, Series 2019C</title>
        <cusip>452252PE3</cusip>
        <identifiers>
          <isin value="US452252PE39"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>649783.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Harris County Flood Control District</name>
        <lei>N/A</lei>
        <title>Harris County Flood Control District, Series 2025</title>
        <cusip>414019CQ0</cusip>
        <identifiers>
          <isin value="US414019CQ00"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80071.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series 2016A</title>
        <cusip>010268AY6</cusip>
        <identifiers>
          <isin value="US010268AY63"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>Omaha Public Power District, Series 2022B</title>
        <cusip>682001HR6</cusip>
        <identifiers>
          <isin value="US682001HR63"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20648.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Municipal Power Agency</name>
        <lei>AX0ZCCVOQ71Z4RXBL233</lei>
        <title>Indiana Municipal Power Agency, Power Supply System, Series 2019B</title>
        <cusip>454898XD4</cusip>
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          <isin value="US454898XD44"/>
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        <balance>14600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14600000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000070</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Florida</name>
        <lei>5493004G5XFOOUT0LQ57</lei>
        <title>State of Florida, Series 2023A</title>
        <cusip>34153QWY8</cusip>
        <identifiers>
          <isin value="US34153QWY87"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1930161.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pasco County School Board</name>
        <lei>549300NYEDMC7IDJPE68</lei>
        <title>Pasco County School Board, Series 2022A</title>
        <cusip>702528MZ0</cusip>
        <identifiers>
          <isin value="US702528MZ09"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91845.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Denver City &amp; County School District No. 1</name>
        <lei>N/A</lei>
        <title>Denver City and County School District No. 1, Series 2025B</title>
        <cusip>249174ZG1</cusip>
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          <isin value="US249174ZG14"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25151.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority, Health System, Integris Obligated Group, Series 2020C</title>
        <cusip>67884XCT2</cusip>
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          <isin value="US67884XCT28"/>
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        <valUSD>11000000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.75000125</annualizedRt>
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      <invstOrSec>
        <name>City of San Antonio TX</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>City of San Antonio, Series 2024</title>
        <cusip>79623PSS5</cusip>
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          <isin value="US79623PSS55"/>
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        <balance>355000.00000000</balance>
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        <valUSD>358625.01000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority, Santee Cooper, Series 2022A</title>
        <cusip>837151ZD4</cusip>
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          <isin value="US837151ZD40"/>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>467767.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fort Pierce Utilities Authority</name>
        <lei>N/A</lei>
        <title>Fort Pierce Utilities Authority, Series 2022A</title>
        <cusip>348430PC7</cusip>
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          <isin value="US348430PC77"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>179021.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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        <name>North St Paul-Maplewood-Oakdale Independent School District No. 622</name>
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        <name>Michigan State Hospital Finance Authority</name>
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        <name>State of Illinois</name>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Florida Municipal Power Agency</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Chester County Health and Education Facilities Authority</name>
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        <name>General Authority of Southcentral Pennsylvania</name>
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        <name>Riley County Unified School District No. 383 Manhattan-Ogden</name>
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        <name>Duval County Public Schools</name>
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        <name>Red Hook Central School District</name>
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        <name>Nebraska Public Power District</name>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <name>Kansas Development Finance Authority</name>
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        <name>Lower Colorado River Authority</name>
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        <name>State of Mississippi</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
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          <isin value="US592647CY52"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fort Worth Independent School District</name>
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          <isin value="US349461FJ72"/>
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        <name>Allegheny County Higher Education Building Authority</name>
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          <maturityDt>2038-10-15</maturityDt>
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        <name>Commonwealth Financing Authority</name>
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        <title>Commonwealth Financing Authority, Series 2019B</title>
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          <isin value="US20281PLA83"/>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <maturityDt>2055-11-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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        <name>Spring Independent School District</name>
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        <name>City of Fort Worth TX</name>
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        <name>Broadalbin-Perth Central School District</name>
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        <name>County of Montgomery TX</name>
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        <name>Akron Bath Copley Joint Township Hospital District</name>
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        <name>Township of West Orange/NJ</name>
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          <maturityDt>2027-03-17</maturityDt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Harris County Health Facilities Development Corp.</name>
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        <name>Township of Hamilton NJ/Mercer County</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TKK24"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Colorado</name>
        <lei>N/A</lei>
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        <cusip>196711SY2</cusip>
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          <isin value="US196711SY22"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Columbus OH</name>
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          <isin value="US199492VK22"/>
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        <balance>7010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7193472.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Transportation Commission Mobility Fund, Series 2024</title>
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        <identifiers>
          <isin value="US8827242E65"/>
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        <curCd>USD</curCd>
        <valUSD>1997360.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Ascension Senior Credit Group, Series 2025A-1</title>
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        <identifiers>
          <isin value="US45506EQF33"/>
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        <balance>5385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5720458.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Scotch Plains NJ</name>
        <lei>N/A</lei>
        <title>Township of Scotch Plains, Series 2026</title>
        <cusip>809214HN2</cusip>
        <identifiers>
          <isin value="US809214HN28"/>
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        <balance>7150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7193391.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
        <title>Michigan Strategic Fund, Consumers Co. Project, Series 2019</title>
        <cusip>594698TK8</cusip>
        <identifiers>
          <isin value="US594698TK87"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1697194.15000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Transit Authority of Harris County Sales and Use Tax, Series A</title>
        <cusip>41422EFQ1</cusip>
        <identifiers>
          <isin value="US41422EFQ17"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180709.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Local Government Finance Commission</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission, Fleet Landing at Nocatee Project, Series 2025B-3</title>
        <cusip>34077UAM2</cusip>
        <identifiers>
          <isin value="US34077UAM27"/>
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        <balance>6300000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>Alabama Federal Aid Highway Finance Authority, Series A</title>
        <cusip>010268BP4</cusip>
        <identifiers>
          <isin value="US010268BP48"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1073764.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2020, Series 2020AA</title>
        <cusip>64972GUA0</cusip>
        <identifiers>
          <isin value="US64972GUA02"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35693.38000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64971XN20</cusip>
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          <isin value="US64971XN208"/>
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        <balance>55000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, Cleveland Clinic Health System, Series 2008B-4</title>
        <cusip>67756AH96</cusip>
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          <isin value="US67756AH960"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000070</annualizedRt>
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      <invstOrSec>
        <name>Missouri State Board of Public Buildings</name>
        <lei>N/A</lei>
        <title>Missouri State Board of Public Buildings, Series 2020B</title>
        <cusip>606341MC6</cusip>
        <identifiers>
          <isin value="US606341MC61"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40088.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington Motor Vehicle Fuel Tax, Series R-2026B</title>
        <cusip>93974FEF6</cusip>
        <identifiers>
          <isin value="US93974FEF62"/>
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        <balance>9375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9568626.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2020</title>
        <cusip>54811BUL3</cusip>
        <identifiers>
          <isin value="US54811BUL34"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20314.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
        <lei>N/A</lei>
        <title>State of Florida Department of Transportation Turnpike System, Series 2026A</title>
        <cusip>343137A88</cusip>
        <identifiers>
          <isin value="US343137A888"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1912473.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Sales Tax, Series 2024A</title>
        <cusip>65000BW61</cusip>
        <identifiers>
          <isin value="US65000BW616"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592849.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp., Commodity Project, Series 2021A</title>
        <cusip>88044TAE9</cusip>
        <identifiers>
          <isin value="US88044TAE91"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501358.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Nevada</name>
        <lei>N/A</lei>
        <title>State of Nevada, Capital Improvement and Cultural Affairs, Series 2020A</title>
        <cusip>641462HJ8</cusip>
        <identifiers>
          <isin value="US641462HJ87"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50816.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Junior Lien, Series 2020A</title>
        <cusip>79642GHD7</cusip>
        <identifiers>
          <isin value="US79642GHD79"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31745.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PMA Levy &amp; Aid Anticipation Notes Program</name>
        <lei>N/A</lei>
        <title>PMA Levy and Aid Anticipation Notes Program, Series 2025B</title>
        <cusip>730146DQ7</cusip>
        <identifiers>
          <isin value="US730146DQ79"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6007438.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority, Building Aid, Fiscal Year 2018, Series S-2</title>
        <cusip>64972HC26</cusip>
        <identifiers>
          <isin value="US64972HC269"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35738.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority, Multi Modal Program, Series III</title>
        <cusip>594615HB5</cusip>
        <identifiers>
          <isin value="US594615HB58"/>
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        <balance>8635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8635000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.38000075</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, School Districts Financing Program, Series 2025A</title>
        <cusip>64985SCZ4</cusip>
        <identifiers>
          <isin value="US64985SCZ48"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1227364.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Tri-County Metropolitan Transportation District of Oregon</name>
        <lei>N/A</lei>
        <title>Tri-County Metropolitan Transportation District of Oregon, Series 2018A</title>
        <cusip>89546RPP3</cusip>
        <identifiers>
          <isin value="US89546RPP37"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103353.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport, Series 2022B</title>
        <cusip>23503CAV9</cusip>
        <identifiers>
          <isin value="US23503CAV90"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35949.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Garfield County Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Garfield County Educational Facilities Authority, Enid Public Schools Project, Series 2026</title>
        <cusip>365716BJ7</cusip>
        <identifiers>
          <isin value="US365716BJ75"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1588694.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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        <cusip>249183ZB3</cusip>
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          <isin value="US249183ZB34"/>
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        <balance>2195000.00000000</balance>
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        <valUSD>2305744.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Citizen Energy Group Project, Series 2026B</title>
        <cusip>45505KEC0</cusip>
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          <isin value="US45505KEC09"/>
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        <balance>11525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12084795.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Texas Health Resources System, Series 2012B</title>
        <cusip>87638TEH2</cusip>
        <identifiers>
          <isin value="US87638TEH23"/>
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        <valUSD>42920000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>State of Alaska International Airports System</name>
        <lei>N/A</lei>
        <title>State of Alaska International Airports System, Series 2021C</title>
        <cusip>011842UP4</cusip>
        <identifiers>
          <isin value="US011842UP48"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3005234.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wayland-Cohocton Central School District</name>
        <lei>N/A</lei>
        <title>Wayland-Cohocton Central School District, Series 2026</title>
        <cusip>944208GA9</cusip>
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          <isin value="US944208GA92"/>
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        <balance>6500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Cabarrus NC</name>
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      <invstOrSec>
        <name>City of Dallas TX Waterworks &amp; Sewer System Revenue</name>
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          <isin value="US23542JAP03"/>
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        <name>State of Connecticut</name>
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          <isin value="US20772KB999"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hunter-Tannersville Central School District</name>
        <lei>N/A</lei>
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          <isin value="US445730GD03"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204ERN03"/>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FFU30"/>
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      <invstOrSec>
        <name>City of Plano TX Waterworks &amp; Sewer System Revenue</name>
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          <isin value="US727227M722"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clackamas County School District No. 46 Oregon Trail</name>
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          <isin value="US179126DU85"/>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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          <isin value="US153476FS05"/>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Infrastructure Bank</name>
        <lei>5493006ZE03IRA2BET07</lei>
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        <name>State of Nevada</name>
        <lei>N/A</lei>
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          <isin value="US641462WJ13"/>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
        <lei>N/A</lei>
        <title>Pennsylvania Turnpike Commission Oil Franchise Tax, Series A</title>
        <cusip>709221UH6</cusip>
        <identifiers>
          <isin value="US709221UH63"/>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tulsa County Independent School District No. 1 Tulsa</name>
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          <isin value="US899525WR61"/>
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        <name>County of Johnson KS</name>
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          <isin value="US47844PKM67"/>
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        <name>Nebraska Public Power District</name>
        <lei>5493001J0BLQRMOJKP23</lei>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <isin value="US93974E6H44"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fort Lauderdale FL Water &amp; Sewer Revenue</name>
        <lei>N/A</lei>
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        <name>City of Denton TX Utility System Revenue</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Palm Beach County School District</name>
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        <name>City of Seattle WA</name>
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        <name>Texas Woman's University</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>Allen Independent School District</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Illinois Finance Authority</name>
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        <name>Metrowest Regional Transit Authority</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Tulsa County Independent School District No. 1 Tulsa</name>
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        <name>Butler County Unified School District No. 385 Andover</name>
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        <name>Canadian County Independent School District No. 69 Mustang</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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        <name>Louisa Industrial Development Authority</name>
        <lei>N/A</lei>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Tulsa County Industrial Authority</name>
        <lei>549300WEYXBXLGN1E271</lei>
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        <name>Development Authority of Burke County (The)</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of New Hanover NC</name>
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        <name>Hudson County Improvement Authority</name>
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      <invstOrSec>
        <name>Kettering City School District</name>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <lei>N/A</lei>
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        <name>New York State Dormitory Authority</name>
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        <name>Colorado River Municipal Water District</name>
        <lei>N/A</lei>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
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        <name>Seaford Union Free School District</name>
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        <name>Virginia College Building Authority</name>
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        <name>Massachusetts Bay Transportation Authority Assessment Revenue</name>
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        <name>Utah Associated Municipal Power Systems</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Multi-Family The Ranches At Gunsmoke Project, Series 2024</title>
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          <isin value="US04062PCD15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-03-01</maturityDt>
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      <invstOrSec>
        <name>City of Tallahassee FL Energy System Revenue</name>
        <lei>N/A</lei>
        <title>City of Tallahassee Energy System, Series 2020</title>
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          <isin value="US874476LE20"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1</title>
        <cusip>64972JPW2</cusip>
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          <isin value="US64972JPW26"/>
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        <balance>2630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2799962.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Depew Union Free School District</name>
        <lei>N/A</lei>
        <title>Depew Union Free School District, Series 2025</title>
        <cusip>249541KZ5</cusip>
        <identifiers>
          <isin value="US249541KZ55"/>
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        <balance>20160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20204666.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>County of Clark, Stadium Improvement, Limited Tax, Series 2018A</title>
        <cusip>180848WX7</cusip>
        <identifiers>
          <isin value="US180848WX76"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>Virginia Commonwealth Transportation Board, Federal Transportation, Series 2017</title>
        <cusip>92778UCD0</cusip>
        <identifiers>
          <isin value="US92778UCD00"/>
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        <balance>1345000.00000000</balance>
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        <valUSD>1378506.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Series 2019A</title>
        <cusip>25476FXD5</cusip>
        <identifiers>
          <isin value="US25476FXD58"/>
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        <balance>60000.00000000</balance>
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        <valUSD>60168.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2019A</title>
        <cusip>45506DV77</cusip>
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          <isin value="US45506DV771"/>
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        <balance>85000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Putnam Valley Central School District</name>
        <lei>N/A</lei>
        <title>Putnam Valley Central School District, Series 2026</title>
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          <isin value="US746894JA30"/>
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        <balance>6000000.00000000</balance>
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          <maturityDt>2027-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2025B</title>
        <cusip>442349JZ0</cusip>
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          <isin value="US442349JZ04"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Houston Independent School District</name>
        <lei>N/A</lei>
        <title>Houston Independent School District, Limited Tax, Series 2025B</title>
        <cusip>442403RE3</cusip>
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          <isin value="US442403RE36"/>
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        <balance>6750000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Akron Bath Copley Joint Township Hospital District</name>
        <lei>N/A</lei>
        <title>Akron Bath Copley Joint Township Hospital District, Summa Health Obligated Group, Series 2020</title>
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          <isin value="US009730PU05"/>
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        <balance>1440000.00000000</balance>
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          <maturityDt>2037-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Presence Health Network, Series 2016C</title>
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          <isin value="US45204FN437"/>
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        <balance>4720000.00000000</balance>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2020C-3</title>
        <cusip>414009PP9</cusip>
        <identifiers>
          <isin value="US414009PP99"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018B-3</title>
        <cusip>97712JHD8</cusip>
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          <isin value="US97712JHD81"/>
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        <balance>4500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2021A</title>
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        <name>San Jacinto Community College District</name>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>State of Illinois</name>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>Energy Northwest</name>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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        <name>Garfield County Educational Facilities Authority</name>
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        <name>State of New Hampshire</name>
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        <name>Texas Water Development Board</name>
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        <name>University of Delaware</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>City of Chattanooga TN Electric Revenue</name>
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        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
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        <name>School District of Broward County/FL</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Geisinger Authority</name>
        <lei>N/A</lei>
        <title>Geisinger Authority, Health System, Series 2020C</title>
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          <isin value="US368497JY02"/>
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        <balance>2490000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>64577XEU6</cusip>
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          <isin value="US64577XEU63"/>
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        <balance>1600000.00000000</balance>
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        <valUSD>1629548.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Turnpike Authority</name>
        <lei>549300J83EP2PBDYH615</lei>
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          <isin value="US679111YZ16"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108381.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hillsborough County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Hillsborough County Industrial Development Authority, Baycare Health System, Series 2024E</title>
        <cusip>43233KAX2</cusip>
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          <isin value="US43233KAX28"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000070</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Bethel NY</name>
        <lei>N/A</lei>
        <title>Town of Bethel, Series 2026</title>
        <cusip>086761CX9</cusip>
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          <isin value="US086761CX98"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2499051.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024A</title>
        <cusip>04052FEN1</cusip>
        <identifiers>
          <isin value="US04052FEN15"/>
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        <balance>2100000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston, Combined Utility System, Subordinate Lien, Series 2016B</title>
        <cusip>44244CGJ0</cusip>
        <identifiers>
          <isin value="US44244CGJ09"/>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Prince William County, Series 2016</title>
        <cusip>92817TGJ9</cusip>
        <identifiers>
          <isin value="US92817TGJ97"/>
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        <balance>3185000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2021, Series 2021G, Subseries G-1</title>
        <cusip>64971XZR2</cusip>
        <identifiers>
          <isin value="US64971XZR24"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston Airport System, Subordinate Lien, Series 2018B</title>
        <cusip>442349BE5</cusip>
        <identifiers>
          <isin value="US442349BE56"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <balance>3000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Commonwealth University</name>
        <lei>54930081U4ULRPR3MK80</lei>
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          <isin value="US92778RFJ14"/>
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        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
        <lei>N/A</lei>
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        <cusip>052477XZ4</cusip>
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          <isin value="US052477XZ49"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington, Various Purpose, Series 2024A</title>
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          <isin value="US93974EF849"/>
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        <name>County of Harris TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris, Series 2022A</title>
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          <isin value="US414005R919"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority, Clark Road Family Apartments, Series 2023</title>
        <cusip>59465FAN0</cusip>
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          <isin value="US59465FAN06"/>
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        <balance>1415000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.67000000</annualizedRt>
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        <name>Kentucky Asset Liability Commission</name>
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        <name>School District of Philadelphia (The)</name>
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      <invstOrSec>
        <name>Akron Bath Copley Joint Township Hospital District</name>
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        <name>Delaware County Authority</name>
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      <invstOrSec>
        <name>Comal Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US199821BA61"/>
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      <invstOrSec>
        <name>County of Miami-Dade FL Aviation Revenue</name>
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      <invstOrSec>
        <name>City of Raleigh NC</name>
        <lei>549300I7RPBIIRI16112</lei>
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          <isin value="US751120FT88"/>
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      <invstOrSec>
        <name>County of Lee FL Airport Revenue</name>
        <lei>N/A</lei>
        <title>County of Lee Airport, Series 2021A</title>
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          <isin value="US523470GG16"/>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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      <invstOrSec>
        <name>Cobleskill-Richmondville Central School District</name>
        <lei>N/A</lei>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Pima County Unified School District No. 1 Tucson</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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        <name>State of Ohio</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canadian County Independent School District No. 69 Mustang</name>
        <lei>N/A</lei>
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          <isin value="US135591HS75"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
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          <isin value="US71781QFB95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2022A</title>
        <cusip>04052FCY9</cusip>
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          <isin value="US04052FCY97"/>
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        <valUSD>4004294.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1</title>
        <cusip>64972JPX0</cusip>
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          <isin value="US64972JPX09"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2806401.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>549300PHW5BZHA7BEX81</lei>
        <title>State of Connecticut, Series 2026B</title>
        <cusip>20772KM97</cusip>
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          <isin value="US20772KM970"/>
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        <curCd>USD</curCd>
        <valUSD>3143646.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>N/A</lei>
        <title>Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2020B</title>
        <cusip>67766WZX3</cusip>
        <identifiers>
          <isin value="US67766WZX37"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Antonio Public Facilities Corp.</name>
        <lei>N/A</lei>
        <title>San Antonio Public Facilities Corp., Convention Center Facility Project, Series 2022</title>
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        <identifiers>
          <isin value="US796334BE94"/>
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        <curCd>USD</curCd>
        <valUSD>51931.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority, State System of Higher Education Master Real Property, Series 2024B</title>
        <cusip>67884GUQ5</cusip>
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          <isin value="US67884GUQ53"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US047870TL44"/>
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        <valUSD>4704824.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US79739GSM95"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series A</title>
        <cusip>207758VR1</cusip>
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          <isin value="US207758VR17"/>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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          <isin value="US25483VWN09"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Various Purpose, Series 2025D</title>
        <cusip>60412A2K8</cusip>
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          <isin value="US60412A2K82"/>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas State University System</name>
        <lei>N/A</lei>
        <title>Texas State University System, Series 2026A</title>
        <cusip>88278PN59</cusip>
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          <isin value="US88278PN594"/>
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        <balance>5435000.00000000</balance>
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        <valUSD>5621965.63000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204ERL47"/>
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        <issuerCat>MUN</issuerCat>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma City Public Property Authority</name>
        <lei>N/A</lei>
        <title>Oklahoma City Public Property Authority, Sales Tax, Series 2026</title>
        <cusip>678604AA7</cusip>
        <identifiers>
          <isin value="US678604AA76"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9522144.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
        <lei>549300IWTBCMX5JB3277</lei>
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          <isin value="US60637AMZ20"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Borough of North Slope AK</name>
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        <name>West Virginia Commissioner of Highways</name>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <name>Spartanburg County School District No. 7</name>
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          <isin value="US847082MP69"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Kentucky Turnpike Authority</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</name>
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        <name>City of Philadelphia PA</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>Miami-Dade County Expressway Authority</name>
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        <name>State of Connecticut</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <name>Town of Longmeadow MA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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          <isin value="US2350365V80"/>
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        <valUSD>78556.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2026, Series 2026, Subseries G-1</title>
        <cusip>64972JD62</cusip>
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          <isin value="US64972JD628"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Orange County Convention Center/Orlando</name>
        <lei>N/A</lei>
        <title>Orange County Convention Center, Series 2017</title>
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          <isin value="US684545A970"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Addison Central School District</name>
        <lei>N/A</lei>
        <title>Addison Central School District, Series 2026</title>
        <cusip>006614EL1</cusip>
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          <isin value="US006614EL14"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alachua County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Alachua County Health Facilities Authority, Shands Teaching Hospital and Clinic, Inc., Series B-2</title>
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          <isin value="US010685LD52"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225197.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, CWA Authority Project, First Lien, Series 2022A</title>
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          <isin value="US45505MLZ76"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Nueces River Authority</name>
        <lei>N/A</lei>
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          <isin value="US670500EZ67"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Township of Livingston NJ</name>
        <lei>N/A</lei>
        <title>Township of Livingston, Series 2025</title>
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          <isin value="US539141YQ82"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
        <title>Orlando Utilities Commission, Series 2020A</title>
        <cusip>686507JN5</cusip>
        <identifiers>
          <isin value="US686507JN57"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60123.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin, Series 2025-2</title>
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          <isin value="US97705MM511"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Philadelphia PA</name>
        <lei>549300IVFOPB4AG7UL47</lei>
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          <isin value="US717813C235"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, CWA Authority Project, First Lien, Series 2021-1</title>
        <cusip>45505MJH0</cusip>
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          <isin value="US45505MJH07"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Okaloosa County School Board</name>
        <lei>N/A</lei>
        <title>Okaloosa County School Board, Series 2022A</title>
        <cusip>678233CR6</cusip>
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          <isin value="US678233CR66"/>
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        <balance>65000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Antonio TX</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>City of San Antonio, Combination Tax, Series 2024</title>
        <cusip>79623PRQ0</cusip>
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          <isin value="US79623PRQ09"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Jamestown NY</name>
        <lei>549300B6ML3S2H2XXS23</lei>
        <title>City of Jamestown, Series 2026</title>
        <cusip>470574K37</cusip>
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          <isin value="US470574K373"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, Waste Management, Inc., Project, Series 2013</title>
        <cusip>708692BG2</cusip>
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          <isin value="US708692BG28"/>
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        <balance>13000000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000070</annualizedRt>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2016</title>
        <cusip>662903QV8</cusip>
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          <isin value="US662903QV83"/>
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        <curCd>USD</curCd>
        <valUSD>145000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment, Series 2018</title>
        <cusip>20282EAH9</cusip>
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          <isin value="US20282EAH99"/>
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        <valUSD>1373083.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Riley County Unified School District No. 383 Manhattan-Ogden</name>
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      <invstOrSec>
        <name>Socorro Independent School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>School District of Broward County/FL</name>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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          <isin value="US2350365B27"/>
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        <curCd>USD</curCd>
        <valUSD>30115.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>West Virginia Economic Development Authority</name>
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          <isin value="US95648VCA52"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-11-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>State of Illinois</name>
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      <invstOrSec>
        <name>Yorktown Heights Fire District</name>
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          <isin value="US987225BS79"/>
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      <invstOrSec>
        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue</name>
        <lei>N/A</lei>
        <title>Massachusetts Transportation Trust Fund Metropolitan Highway System, Commonwealth Contract Assistance Secured, Series 2018A</title>
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        <name>School District of Philadelphia (The)</name>
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        <name>Orange County School Board</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>District of Columbia</name>
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        <name>Essex County Improvement Authority</name>
        <lei>N/A</lei>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <name>County of Allen OH Hospital Facilities Revenue</name>
        <lei>N/A</lei>
        <title>County of Allen, Hospital Facilities, Series 2017A</title>
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        <name>California Pollution Control Financing Authority</name>
        <lei>N/A</lei>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>Alabama Highway Authority</name>
        <lei>N/A</lei>
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          <isin value="US010559AB84"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Ohio</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <isin value="US4521522J98"/>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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          <isin value="US5288287J98"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of El Paso TX</name>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
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          <isin value="US46613SQR49"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758B777"/>
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        <balance>55000.00000000</balance>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
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          <isin value="US717883J605"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tarrant Regional Water District Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>Tarrant Regional Water District Water Supply System, Series 2026</title>
        <cusip>876443WF5</cusip>
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          <isin value="US876443WF54"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System, Series 2026C</title>
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        <identifiers>
          <isin value="US39081JLU06"/>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Phoenix AZ</name>
        <lei>N/A</lei>
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          <isin value="US718814W446"/>
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        <balance>45000.00000000</balance>
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        <valUSD>45930.53000000</valUSD>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pasadena Independent School District</name>
        <lei>549300QY114RR4MXVU24</lei>
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          <isin value="US702334HQ92"/>
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        <balance>1550000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
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        <cusip>41422EJA2</cusip>
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          <isin value="US41422EJA29"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2023, Series 2023, Subseries E-1</title>
        <cusip>64971X4Q8</cusip>
        <identifiers>
          <isin value="US64971X4Q87"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Health Educational and Housing Facility Board of the City of Memphis/the</name>
        <lei>N/A</lei>
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        <cusip>586169EQ3</cusip>
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          <isin value="US586169EQ35"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1607142.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>Louisville and Jefferson County Metro Government Health SystemBonds, Norton Healthcare, Inc., Series 2016A</title>
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          <isin value="US54659LBR42"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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          <isin value="US23503CFR34"/>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Dallas County Utility &amp; Reclamation District</name>
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          <isin value="US234839PL67"/>
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        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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      <invstOrSec>
        <name>Township of Hillside NJ</name>
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        <name>State of Connecticut</name>
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        <name>City of Houston TX</name>
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        <name>State of Connecticut</name>
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        <name>County Square Redevelopment Corp.</name>
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        <name>County of Cook IL</name>
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        <name>Margaretville Central School District</name>
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        <name>State of Delaware</name>
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        <name>JEA Electric System Revenue</name>
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        <name>City of Lakeland FL Department of Electric Utilities</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Trinity Health Credit Group, Series 2017MI</title>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198091.98000000</valUSD>
        <pctVal>0.002693222956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
        <lei>N/A</lei>
        <title>Colorado Springs School District No. 11 Facilities Corp., Series 2024</title>
        <cusip>19662UAS1</cusip>
        <identifiers>
          <isin value="US19662UAS15"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372001.14000000</valUSD>
        <pctVal>0.005057660638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Adventhealth Obligated Group, Series 2019B</title>
        <cusip>19648FXC3</cusip>
        <identifiers>
          <isin value="US19648FXC30"/>
        </identifiers>
        <balance>1625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1633058.54000000</valUSD>
        <pctVal>0.022202770396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cumberland County Improvement Authority (The)</name>
        <lei>N/A</lei>
        <title>Cumberland County Improvement Authority (The), Series 2018</title>
        <cusip>23058PEE3</cusip>
        <identifiers>
          <isin value="US23058PEE34"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164396.56000000</valUSD>
        <pctVal>0.002235106082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>J.P. Morgan Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
